Specialty salts and fertilizer maker, Compass Minerals International Inc (CMP.N: Quote) posted quarterly results that missed market estimates, hurt by a decline in sales in its de-icing salt and fertilizer segments.

The company, which depends on the severity of winter for the sale of its de-icing salt that clears snow, said its salt sales fell reflecting a milder-than-normal winter weather in the Midwest.

In the first quarter, the company earned $61.6 million, or $1.85 a share, compared with $49.1 million, or $1.48 a share, in the year ago period.

Revenue fell about 19 percent to $309.1 million, with sales at the de-icing salt segment fell about 18 percent to $268.8 million.

Sales at its fertilizer segment fell about 20 percent because of weak demand, which persists throughout the global potash industry, the company said.

Shares of the company closed at $51.54 Monday on the New York Stock Exchange. (Reporting by Sakthi Prasad in Bangalore; Editing by Pradeep Kurup) ((sakthi.prasad@thomsonreuters.com; within U.S.             +1 646 223 8780       ; outside U.S.             +91 80 4135 5800       ; Reuters Messaging: sakthi.prasad.reuters.com@reuters.net))

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