Movement Alert｜Compass, Inc. Intraday Rise 7.94% in Regular Trading, earnings preview and bullish analyst stance support shares

Market Focus11-05 03:37

On November 5, Compass, Inc. saw an Intraday Rise of 7.94% in Regular Trading, trading at $10.055 per share with turnover of $101 million.

The move coincided with investor focus ahead of the company’s quarterly results due after the market session, with consensus expectations calling for revenue of $3.906 billion, up 118.56% year over year, adjusted EPS of $0.06, up 340.60%, and EBIT of $85.51 million. Management had previously guided revenue to $3.85 billion-$4.05 billion for the quarter.

Supporting sentiment, Compass, Inc. reported stronger-than-expected revenue in the prior quarter at $4.306 billion and UBS recently maintained a Buy rating while trimming its price target to $15 from $17. FactSet-polled analysts showed an average Overweight rating and a mean price target of $15.33.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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