Intrepid Potash (IPI) Set to Announce Earnings on Monday

Intrepid Potash (NYSE:IPI) is scheduled to be posting its quarterly earnings results after the market closes on Monday, November 4th. Analysts expect Intrepid Potash to post earnings of $0.11 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Intrepid Potash (NYSE:IPI) last released its quarterly earnings results on Monday, August 5th. The basic materials company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.08). The business had revenue of $62.06 million during the quarter, compared to analysts’ expectations of $50.88 million. Intrepid Potash had a negative net margin of 19.19% and a negative return on equity of 2.02%. During the same quarter last year, the business posted $0.33 earnings per share. On average, analysts expect Intrepid Potash to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Intrepid Potash Stock Up 1.1 %

Shares of Intrepid Potash stock opened at $25.37 on Friday. The company has a 50 day moving average price of $24.10 and a 200 day moving average price of $23.75. The firm has a market capitalization of $336.91 million, a P/E ratio of -6.73 and a beta of 2.18. Intrepid Potash has a 52 week low of $17.52 and a 52 week high of $28.00.

About Intrepid Potash

Intrepid Potash, Inc, together with its subsidiaries, engages in the extraction and production of the potash in the United States and internationally. It operates through three segments: Potash, Trio, and Oilfield Solutions. The company offers muriate of potash for various markets, such as agricultural market as a fertilizer input; the industrial market as a component in drilling and fracturing fluids for oil and gas wells, as well as an input to other industrial processes; and the animal feed market as a nutrient supplement.