Compass

Compass, Inc. engages in the provision of an online real estate platform. Its platform provides an integrated suite of software for customer relationship management, marketing, client service, operations and other critical functionality, as well as brokerage services and adjacent services. The company was founded by Ori Allon and Robert Reffkin in 2012 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Compass reports 2022 revenue decline, eyes cost reduction for growth

Compass navigated a challenging year in real estate with a focus on cost reduction and technology enhancements. Despite market uncertainties, the company aims for free cash flow positivity in 2023, leveraging increased buyer interest and agent productivity.

Compass beats revenue targets, eyes positive cash flow in 2023

Compass showcased strong financial performance in Q1 2023, exceeding revenue guidance and improving EBITDA despite market challenges.
Strategic strengths include market share gains, cost efficiency improvements, and a focus on agent technology and culture.
Challenges lie in transaction volume decline, managing operating expenses, and navigating market recovery speed variables.
Opportunities for growth stem from market expansion, technology utilization, and maintaining cost discipline for sustained financial success.

Compass reports strong Q2 earnings, eyes cost control for growth

Compass's Q2 earnings call highlighted robust financial performance, strategic investments in technology, and a focus on agent support. Despite industry challenges, the company maintains a strong financial position and competitive edge through AI tools and global expansion. Cost control and market recovery are key focuses for future growth.

Compass reports strong Q3 performance amidst market challenges and opportunities

Compass reported strong financial performance in Q3, emphasizing cost control measures, technology enhancements, and market positioning. Despite challenges in margins and market conditions, the company remains confident in its current cost base and technology investments for future success.

Compass reports solid Q4 performance, eyes market growth in 2024

Compass showcased resilience in cost management and talent acquisition, outperforming in agent economics and market share growth.
Despite challenges in profitability, the company's focus on operational efficiencies and technology enhancements positions it for future success.
Opportunities lie in continued market outperformance, expansion of services, and strategic positioning for growth in 2024.

Compass reports robust Q1 results, eyes growth amid market challenges

Compass demonstrated financial strength and growth momentum in Q1 2024, despite market challenges.
Strategic initiatives and confidence in agents position Compass for future success and market leadership.
Focus on innovation, client experience, and operational efficiency to drive profitability and value creation.
Adaptation to industry changes and leveraging opportunities to strengthen market position and revenue growth.

Compass achieves record earnings, eyes growth amid operational optimizations

Compass reports stellar Q2 2024 performance with record income and revenue growth. Strategic focus on market share, cost efficiency, and agent economics. Challenges ahead with seasonal cash flow impacts and structural adjustments.

Compass reports stellar Q3 results, eyes market dominance by 2026

Compass's Q3 performance reflects robust growth, operational efficiency gains, and a clear strategic vision for future expansion.
The company's strengths lie in its resilience, market outperformance, and focus on long-term margin expansion strategies.
Challenges include sustaining growth rates, navigating market uncertainties, and balancing operational efficiency with growth ambitions.
Opportunities exist in leveraging structural advantages, pursuing strategic partnerships, and executing on the 30 for 30 vision for market dominance.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

AMC Entertainment

Amazon

GameStop

Mullen Automotive

Zhong Yang Financial Group Ltd

TOP Financial Group Ltd. joined the list of meme stocks last week when its shares skyrocketed more than 890% before pulling back in Monday trading.

After TOP Financial's surge, influential meme-stock trader looks for next big opportunity

Canopy Growth

Curaleaf Holdings, Inc.

Green Thumb Industries Inc.

WM Technology

AdvisorShares Pure US Cannabis ETF

Trulieve Cannabis Corp.

Tilray Brands

Cantor Fitzgerald said Friday it will no longer provide research coverage of 23 cannabis stocks because analyst Pablo Zuanic has departed the firm. Zuanic is now head of Zuanic & Associates, a consulting and research firm aimed at the cannabis sector, according to his LinkedIn profile and a website for the firm.

Cantor Fitzgerald discontinues cannabis stock coverage with analyst departure

NEW YORK , April 21, 2023 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced its first quarter 2023 financial results will be released after market close on Tuesday, May 9, 2023. The company will host a conference call and webcast to discuss its results that afternoon at 5:00 p.m.

Compass to Announce First Quarter 2023 Results on May 9

Exclusive program adds power to homebuyer offers with unimaginable speed CHICAGO , March 24, 2023 /PRNewswire/ -- OriginPoint, a joint venture between Guaranteed Rate and Compass Real Estate, today announced the launch of Same Day Mortgage,1 delivering a loan approval in less than 24 hours. The launch expands upon OriginPoint's commitment to deliver a seamless and cutting-edge financing process to borrowers.

Same Day Mortgage: OriginPoint Delivers a Loan Approval in Less than 24 Hours

NEW YORK , March 1, 2023 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced that Robert Reffkin, Founder and Chief Executive Officer, and Kalani Reelitz, Chief Financial Officer, will present at the 2023 Morgan Stanley Technology, Media & Telecom Conference on March 9, 2023. The session is scheduled to begin at 11:35 a.m.

Compass to Present at 2023 Morgan Stanley Technology, Media & Telecom Conference

Shares of Compass cratered after the company reported Q4 results and issued guidance for the first quarter of 2023. The company is expecting y/y revenue declines to worsen to the mid-30s, as the real estate industry continues to suffer from a bevy of macro headwinds.

Compass: Focus On The Efficiency Plan

The real estate brokerage turned in another weak earnings report.

Why Compass Stock Was Falling Today

Compass, Inc. (NYSE:COMP ) Q4 2022 Earnings Conference Call February 28, 2023 5:00 PM ET Company Participants Richard Simonelli – Vice President-Investor Relations Greg Hart – Chief Operating Officer Robert Reffkin – Founder, Chairman and Chief Executive Officer Kalani Reelitz – Chief Financial Officer Conference Call Participants Jason Holstein – Oppenheimer Bernie McTernan – Needham & Company Ryan McKeveny – Zelman & Associates Lloyd Walmsley – UBS Matthew Bouley – Barclays Operator Ladies and gentlemen, thank you for standing by. At this time, I would like to welcome everyone to the Compass Inc. Fourth Quarter 2022 Earnings Conference Call.

Compass, Inc. (COMP) Q4 2022 Earnings Call Transcript

Compass, Inc. (COMP) delivered earnings and revenue surprises of -16.13% and 8.51%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Compass, Inc. (COMP) Reports Q4 Loss, Lags Revenue Estimates

NEW YORK , Feb. 28, 2023 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), ("Compass" or "the Company"), a leading tech-enabled real estate brokerage, announced its financial results for the fourth quarter and full year ended December 31, 2022. "2022 was a difficult year for the residential real estate market and Compass.

Compass, Inc. Reports Fourth Quarter and Full Year 2022 Results

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Compass, Inc. (COMP) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Why Fast-paced Mover Compass, Inc. (COMP) Is a Great Choice for Value Investors

NEW YORK , Feb. 7, 2023 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced that its fourth quarter and full year 2022 financial results will be released after market close on Tuesday, February 28, 2023. The company will host a conference call and webcast to discuss its results that afternoon at 5:00 p.m.

Compass to Announce Fourth Quarter and Full Year 2022 Results February 28

Real estate agents are very important in the value chain, and existing technologies serving them are not effective enough. Compass, Inc. enjoys a strong flywheel effect as it grows.

Compass: Stock Became Fairly Valued Due To Recent Price Movements

Shares of Compass, down roughly 60% over the past twelve months, have rebounded ~50% after hitting lows below $2 in November. The company's revenue is down -14% y/y, but driven largely by macro headwinds impacting real estate transactions.

Even Though Real Estate Is On Tenterhooks, Compass' Rebound Is Just Beginning

Anywhere Real Estate Inc

Recent housing market layoffs have rekindled fears of a real estate recession. What do recent staff cuts from the likes of Compass (NYSE: COMP ) and Anywhere Real Estate (NYSE: HOUS ) mean for housing going forward?

Housing Market Layoffs 2023: What to Know About the Latest COMP, HOUS Job Cuts

NEW YORK , Jan. 9, 2023 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced that Robert Reffkin, Founder and Chief Executive Officer, and Kalani Reelitz, Chief Financial Officer, will present at the 25th Annual Needham Growth Conference on Wednesday, January 11, 2023. The session is scheduled to begin at 3:45 p.m.

Compass to Present at 25th Annual Needham Growth Conference

Compass Inc (NYSE: COMP) – the American licensed real estate broker just announced its third round of layoffs in the midst of its push to cut costs. Shares are up nearly 15% on Monday.

Compass Inc will turn free cash flow positive in 2023: CEO Reffkin

Compass (NYSE: COMP ) layoffs are a hot topic among traders on Friday as the real estate firm further reduces its headcount. According to a filing with the U.S. Securities and Exchange Commission (SEC), the Compass layoffs are part of the company's cost reduction initiatives.

Compass Layoffs 2023: What to Know About the Latest COMP Job Cuts

Real estate broker Compass Inc said on Thursday it would cut more jobs to deal with a downturn in the housing market as it set a target of becoming free cash flow positive by the end of the second quarter.

Real estate broker Compass to cut more jobs to deal with housing downturn

With home sales dipping amid rising interest rates, Compass has cut workers and bled cash. CEO Robert Reffkin's once sunny public demeanor has become more somber.

Compass is reeling from a horrible year, from financial losses to tech troubles to mass layoffs

Global X Dow 30 Covered Call ETF

United States Natural Gas Fund LP

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

Exchange-traded funds focused on oil and gas dropped Monday, as investors weighed a price cap on Russian oil as well as economic data prompting concerns that the Federal Reserve may need to keep up its aggressive monetary tightening for longer. Shares of the SPDR S&P Oil & Gas Exploration & Production ETF XOP, -4.64% closed about 4.6% lower Monday, while the United States Oil Fund LP USO, -3.04% finished down around 3% and the United States Natural Gas Fund UNG, -10.38% tanked about 10.4%, according to data from FactSet.

Energy ETFs drop as investors weigh Russian oil cap, Fed concerns after fresh economic data

Douglas Elliman

Redfin

Home prices are falling as demand decreases from the extreme highs of the pandemic

Home purchases by Investors Drop 30%

Why Compass Stock Is Skyrocketing Today

Compass, Inc. (COMP) delivered earnings and revenue surprises of 20.59% and 3.65%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Compass, Inc. (COMP) Reports Q3 Loss, Tops Revenue Estimates

Compass, Inc. (NYSE:COMP ) Q3 2022 Earnings Conference Call November 10, 2022 5:00 PM ET Company Participants Richard Simonelli – Vice President-Investor Relations Robert Reffkin – Chief Executive Officer Greg Hart – Chief Operating Officer Scott Wahlers – Chief Accounting Officer Conference Call Participants Matthew Bouley – Barclays Michael Ng – Goldman Sachs Bernie McTernan – Needham and Co Justin Ages – Berenberg Operator Good afternoon. My name is Colby, and I'll be your conference operator today.

News for Compass Stock (COMP)