Why Compass Minerals Isn't Worried About Falling Earnings

Compass Minerals International (NYSE: CMP)is one of many companies whose business has a seasonal component. For those on the East Coast of the U.S., an unusually tough winter seemed to bode well for this road salt and plant nutrition specialist. Despite Compass' decision to move more aggressively into the plant nutrition business, the company still gets a substantial amount of its revenue and profit from its sales of road salt to state and local governments to help them handle tough road conditions during the winter in many parts of the nation.