Compass Full Year 2024 Earnings: In Line With Expectations

Compass (NYSE:COMP) Full Year 2024 Results

Key Financial Results

• Revenue: US$5.63b (up 15% from FY 2023).
• Net loss: US$154.4m (loss narrowed by 52% from FY 2023).
• US$0.31 loss per share (improved from US$0.69 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Compass Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

In the last 12 months, the only revenue segment was Internet Information Providers contributing US$5.63b. Notably, cost of sales worth US$4.96b amounted to 88% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to US$368.7m (45% of total expenses). Explore how COMP's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Real Estate industry in the US.

Performance of the American Real Estate industry.

The company's shares are up 29% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Compass you should be aware of.

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