Intrepid Potash Inc reports results for the quarter ended in September 30 - Earnings Summary

Intrepid Potash

05/11/2024 07:51

* Intrepid Potash Inc  IPI.N  reported a quarterly adjusted
loss
of 14 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of -53 cents.  The mean expectation of two analysts
for the quarter was for a loss of 13 cents per share. Wall
Street expected results to range from -37 cents to 11 cents per
share.
    * Revenue rose 5.7% to $57.55 million from a year ago;
analysts
expected $44.19 million. 
    * Intrepid Potash Inc's reported EPS for the quarter was a
loss
of 14 cents​.
    * The company reported a quarterly loss of $1.83 million.
    * Intrepid Potash Inc shares had risen by 11.3% this
quarter and
gained 11.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 10.3%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," no
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the agricultural
chemicals peer group is also "sell"

Wall Street's median 12-month price target for Intrepid Potash
Inc is 18.00 
This summary was machine generated from LSEG data November 5 at
07:51 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.13          -0.14          Missed
 Jun. 30 2024      0.01           -0.06          Missed
 Mar. 31 2024      -0.11          -0.14          Missed
 Dec. 31 2023      -0.22          -0.41          Missed