Intrepid Potash (NYSE:IPI - Get Free Report) will be issuing its quarterly earnings data after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $0.11 per share for the quarter. Parties interested in listening to the company's conference call can do so using this link.
Intrepid Potash (NYSE:IPI - Get Free Report) last released its earnings results on Monday, August 5th. The basic materials company reported ($0.06) earnings per share (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 in the previous year, the company earned $0.33 EPS. 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 5.4 %
Shares of IPI traded up $1.34 during mid-day trading on Monday, reaching $26.07. The company's stock had a trading volume of 81,205 shares, compared to its average volume of 89,032. The business has a fifty day moving average of $23.93 and a 200 day moving average of $23.69. The company has a market cap of $346.21 million, a price-to-earnings ratio of -6.92 and a beta of 2.18. Intrepid Potash has a 1 year low of $17.52 and a 1 year high of $28.00.
About Intrepid Potash
(
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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.
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