Intrepid Potash Q1 2024 Earnings Report

Intrepid Potash EPS Results

• Actual EPS: -$0.14
• Consensus EPS: $0.04
• Beat/Miss: Missed by -$0.18
• One Year Ago EPS: N/A

Intrepid Potash Revenue Results

• Actual Revenue: $66.46 million
• Expected Revenue: $62.87 million
• Beat/Miss: Beat by +$3.59 million
• YoY Revenue Growth: N/A

Intrepid Potash Announcement Details

• Quarter: Q1 2024
• Date: 5/8/2024
• Time: N/A

Intrepid Potash (NYSE:IPI), 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. It also provides Trio, a specialty fertilizer that delivers potassium, sulfate, and magnesium in a single particle; water for oil and gas services industry; salt for various markets, including animal feed, industrial applications, pool salt, and the treatment of roads and walkways for ice melting or to manage road conditions; magnesium chloride for use as a road treatment agent for deicing and dedusting; brines for use in oil and gas industry to support well workover and completion activities; and metal recovery salts. Intrepid Potash, Inc. was founded in 1999 and is based in Denver, Colorado.