Intrepid Potash (IPI) Scheduled to Post Quarterly Earnings on Monday

Intrepid Potash (NYSE:IPI) will post its quarterly earnings results after the market closes on Monday, August 5th. Analysts expect Intrepid Potash to post earnings of $0.02 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Intrepid Potash (NYSE:IPI) last announced its quarterly earnings data on Wednesday, May 8th. The basic materials company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.18). Intrepid Potash had a negative return on equity of 1.37% and a negative net margin of 15.95%. The company had revenue of $66.46 million for the quarter, compared to analyst estimates of $62.87 million. 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 Trading Down 5.4 %

NYSE:IPI opened at $23.55 on Friday. Intrepid Potash has a 1-year low of $17.52 and a 1-year high of $28.30. The firm has a market capitalization of $312.48 million, a price-to-earnings ratio of -6.97 and a beta of 2.22. The business’s 50-day moving average price is $24.73 and its two-hundred day moving average price is $22.11.

Wall Street Analyst Weigh In

IPI has been the topic of several recent analyst reports. BMO Capital Markets lifted their price objective on shares of Intrepid Potash from $21.00 to $23.00 and gave the stock a “market perform” rating in a research note on Friday, May 10th. StockNews.com raised shares of Intrepid Potash to a “sell” rating in a report on Friday, May 10th.

Intrepid Potash Company Profile

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.