Compass Diversified Holdings (NYSE:CODI) is reporting third quarter financial results on Wednesday 28th October 2020, after market close.
According to analysts surveyed by Thomson Reuters, CODI is expected to report 3Q20 income of $ 0.27 per share from revenue of $ 367.45 million.
For the full year, analysts anticipate top line of $ 1436.07 million, while looking forward to income of $ 1.12 per share bottom line.
Previous Quarter Performance
Compass Diversified Holdings revealed loss for the second quarter of $ 0.30 per share, from the revenue of $ 333.63 million. The consensus estimates are income of $ 0.06 per share from $ 281.30 million in revenue. The top line results outshined analysts by $ 52.33 million or 18.60 percent.
Stock Performance
Shares of Compass Diversified Holdings traded low $ -0.18 or -1.01 percent on Tuesday, reaching $ 17.69 with volume of 142.90 thousand shares. Compass Diversified Holdings has traded high as $ 17.94 and has cracked $ 17.51 on the downward trend
According to the previous trading day, closing price of $ 17.69, representing a 65.77 % increase from the 52 week low of $ 10.78 and a 32.23 % decrease over the 52 week high of $ 26.37.
The company has a market capital of $ 1.15 billion and is part of the Industrials sector and Conglomerates industry.
Conference Call
Compass Diversified Holdings will be hosting a conference call at 5:00 PM eastern time on 28th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.compassequity.com
Compass Diversified Holdings LLC is a private equity firm specializing in acquisitions, buyouts, industry consolidation, recapitalization, and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, safety & security, electronic components, food, foodservice. The firm prefers to invest in companies based in North America.
