Intrepid Potash Inc expected to post a loss of 12 cents a share - Earnings Preview

Intrepid Potash

07/05/2024 03:07

* Intrepid Potash Inc  IPI.N   IPI  is expected to show a
fall in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Denver Colorado-based  company is expected to report a
26.9% decrease in revenue to $63.56 million from $86.92 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Intrepid Potash Inc is
for a
loss of 12 cents per share. 
    * The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 246.2% in the last three months. ​
    * Wall Street's median 12-month price target for Intrepid
Potash
Inc is $19.00​, below​ its last closing price of $21.12. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.23       -0.22      -0.41     Missed  -82.2
 Jan. 1 0001   -0.13       -0.11      -0.53     Missed  -367.7
 Jun. 30 2023  0.45        0.44       0.33      Missed  -25.6​
 Jan. 1 0001   0.67        0.67       0.37      Missed  -44.8
 ​​Jan.        0.94        0.94       0.83      Missed  -11.4
 1 0001                                                 
 Jan. 1 0001   1.82        1.74       0.97      Missed  -44.1​
 Jan. 1 0001   2.00        1.99       1.82      Missed  -8.4
 Mar. 31 2022  2.05        1.95       2.32      Beat    19
 This summary was machine generated May 7 at 02:06 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)