Compass Stock Soars as It Raises Outlook on Staffing, Cost Controls
1. Compass raised quarterly and full-year guidance, boosting revenue estimates significantly. 2. The company expects Q4 revenue between $1.36B to $1.39B, a notable increase. 3. Adjusted EBITDA projections for Q4 rose to $15M to $18M from previous estimates. 4. Compass recruited over 650 agents, a 50% growth compared to last year. 5. Shares surged nearly 20%, reflecting strong market confidence and performance.