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

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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.

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While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

Goldman Sachs Has 5 Stocks Trading Under $10 With 100% or More Upside Potential

NEW YORK, March 1, 2022 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced that it will participate in the following investor conferences. Robert Reffkin, Founder, Chairman, and Chief Executive Officer, and Kristen Ankerbrandt, Chief Financial Officer, will both present at: 2022 Wedbush Real Estate Technology Conference on Thursday March 3 at 10:40 a.m.

Compass to Present at Upcoming Investor Conferences

The residential real estate industry has been targeted by tech players for disruption. It has all the ingredients for process innovation.

Compass May Have an Agency Problem

Compass: Very Obvious Buying Opportunity

Compass, Inc. (COMP) CEO Robert Reffkin on Q4 2021 Results - Earnings Call Transcript

NEW YORK, Feb. 16, 2022 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), the leading tech-enabled real estate brokerage in the United States, announced today that revenue for the full year 2021 was $6.4 billion, up 73% year-over-year. Revenue for the fourth quarter 2021 was $1.6 billion, an increase of 31% year-over-year.

Compass, Inc. Reports Fourth Quarter and Full Year 2021 Results

Compass Minerals

Compass Minerals International, Inc. (CMP) CEO Kevin Crutchfield on Q1 2022 Results - Earnings Call Transcript

NEW YORK, Jan. 26, 2022 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced that its fourth quarter and full-year 2021 financial results will be released after market close on Wednesday, February 16, 2022. 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 2021 Results February 16

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NEW YORK, Nov. 30, 2021 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced the appointment of Frank Martell to its board of directors. Martell is President and Chief Executive Officer of CoreLogic, where he leads efforts to provide real estate data and analytics services to real estate professionals, financial institutions, insurance carriers, government agencies, and other housing market participants to help people make their dream of homeownership a reality.

Compass Appoints Frank Martell, President and CEO of CoreLogic, to Board of Directors

NEW YORK, Nov. 18, 2021 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), a leading real estate technology company, today announced that Robert Reffkin, Founder, Chairman, and Chief Executive Officer, and Kristen Ankerbrandt, Chief Financial Officer, will present at the Stephens Annual Investment Conference on Wednesday December 1, 2021. The Fireside Chat is scheduled to begin at 9:00 a.m.

Compass to Present at Stephens Annual Investment Conference

Compass, Inc. (COMP) CEO Robert Reffkin on Q3 2021 Results - Earnings Call Transcript

NEW YORK, Nov. 10, 2021 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) today announced its consolidated financial and operational results for the three months ended September 30, 2021. 3Q21 Revenue grew 47% year-over-year to $1.74 billion, with a GAAP Net Loss of $100 million and an Adjusted EBITDA of $12 million.

Compass Reports Third Quarter 2021 Results

NEW YORK, Nov. 2, 2021 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), a leading real estate technology company, today announced that members of the Company's leadership team, including Compass Founder, Chairman, and CEO, Robert Reffkin, will present at the Compass REtreat on Tuesday November 16, 2021. The presentation is scheduled to begin at 6:30 p.m.

Compass Leadership to Present at Compass REtreat

NEW YORK, Oct. 13, 2021 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), a leading real estate technology company, today announced that its third quarter 2021 financial results will be released after market close on Wednesday, November 10, 2021. The company will host a conference call and webcast to discuss its results that afternoon at 4:30 p.m.

Compass to Announce Third Quarter 2021 Results November 10

NEW YORK, Sept. 28, 2021 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), the real estate technology company, today announced that it has signed a definitive agreement to acquire CommonGround Abstract, LLC, a leading title company serving Pennsylvania and New Jersey.

Compass Agrees to Acquire CommonGround Abstract

This company leverages technology to disrupt the real estate brokerage business.

A Deep Dive Into Compass

Compass Minerals International, Inc. (CMP) CEO Kevin Crutchfield on Q2 2021 Results - Earnings Call Transcript

Compass, Inc. (COMP) CEO Robert Reffkin on Q2 2021 Results - Earnings Call Transcript

NEW YORK, Aug. 9, 2021 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) today announced its consolidated financial and operational results for the three months ended June 30, 2021. The company posted a record quarter, nearly doubled its market share year-over-year, and now expects to achieve Adjusted EBITDA profitability in full-year 2022, a year sooner than previously expected.

Compass Reports Second Quarter 2021 Results

NEW YORK, Aug. 3, 2021 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), a leading real estate technology company, today announced its expansion to Wisconsin with 16 top agents in Milwaukee representing more than $110 million in 2020 sales volume. Principal agents joining Compass in Milwaukee include: Karine Sewart of The Sewart Group and Charlie Hutchinson of Houseworks Collective.

Compass Expands To Wisconsin

NEW YORK, July 29, 2021 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), a leading real estate technology company, today announced its expansion to Minnesota with 7 top agents in Minneapolis representing more than $170 million in 2020 sales volume. Principal agents joining Compass in Minneapolis include: John C.

Compass Expands To Minnesota

NEW YORK, July 15, 2021 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), a leading real estate technology company, today announced its expansion to Indianapolis. The company welcomes 23 top agents representing more than $160 million in 2020 sales volume.

Compass Expands To Indiana

NEW YORK, July 14, 2021 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), a leading real estate technology company, today announced that the Company will present at the 24th Annual Oppenheimer Technology, Internet & Communications Conference on Wednesday August 11, 2021. The presentation is scheduled to begin at 9:05 a.m.

Compass to Present at 24th Annual Oppenheimer Technology, Internet & Communications Conference

NEW YORK and CHICAGO, July 13, 2021 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), the nation's largest independent brokerage and a leading real estate technology company, and Guaranteed Rate, Inc. ("Guaranteed Rate"), one of the nation's five largest retail mortgage companies, today announced they have entered into a definitive agreement to form OriginPoint, a new mortgage origination company. Compass and Guaranteed Rate are natural partners–Guaranteed Rate is the number one non-bank lender for Compass agents, and both companies have deep expertise in the jumbo space.

News for Compass Stock (COMP)