Compass Minerals (CMP) saw its stock price surge 6.25% in after-hours trading on Wednesday, following the release of its impressive second-quarter financial results. The company significantly outperformed analysts' expectations, particularly in terms of earnings and profitability metrics.

The mineral producer reported an adjusted EBITDA of $84.1 million for the quarter, substantially surpassing the IBES estimate of $70 million. Additionally, Compass Minerals delivered an adjusted earnings per share (EPS) of $0.63, dramatically exceeding the IBES estimate of $0.01. These strong results demonstrate the company's ability to navigate challenging market conditions and improve its operational efficiency.

While Compass Minerals posted a net loss of $32 million for the quarter, investors appeared to focus on the adjusted figures, which paint a more positive picture of the company's underlying performance. The company's revenue for Q2 stood at $494.6 million, with an adjusted net income of $25.7 million. These results, particularly the significant earnings beat, likely fueled the after-hours stock price rally as investors reassessed the company's near-term prospects and financial health.