Intrepid Potash Inc reports results for the quarter ended in June - Earnings Summary

Intrepid Potash

03/08/2023 05:04

* Intrepid Potash Inc  IPI.N  reported quarterly adjusted
earnings
of 33 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 44 cents per share.
    * Revenue fell 11.7% to $81.04 million from a year ago;
analysts
expected $61.35 million. 
    * Intrepid Potash Inc's reported EPS for the quarter was 33
cents​.
    * The mean earnings estimate of analysts had risen by
about 7.3%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Intrepid Potash Inc shares had risen by 19.5% this
quarter and
lost 6.1% so far this year.
    * The company reported quarterly net income of $4.31
million.
    * Wall Street's median 12-month price target for Intrepid
Potash
Inc is $21.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 04:03 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.44           0.33           Missed
 Mar. 31 2023      0.67           0.37           Missed
 Dec. 31 2022      0.94           0.83           Missed
 Sep. 30 2022      1.74           0.97           Missed