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

Intrepid Potash

04/05/2023 24:19

* Intrepid Potash Inc  IPI.N  reported quarterly adjusted
earnings
of 37 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of 67 cents per share.
    * Revenue fell 16.7% to $86.92 million from a year ago;
analysts
expected $67.90 million. 
    * Intrepid Potash Inc's reported EPS for the quarter was 35
cents​.
    * The mean earnings estimate of analysts had fallen by
about 44.4%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Intrepid Potash Inc shares had fallen by 7.2% this
quarter and
lost 11.3% so far this year.
    * The company reported quarterly net income of $4.51
million.
    * Wall Street's median 12-month price target for Intrepid
Potash
Inc is $31.00 
    * 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 May
3 at 11:18 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      1.99           1.82           Missed