Intrepid Potash (IPI) Set to Announce Earnings on Monday

Intrepid Potash (NYSE:IPI) will issue 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. Investors that are interested in registering for the company’s conference call can do so using this link.

Intrepid Potash (NYSE:IPI) last released its earnings results on Monday, August 5th. The basic materials company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.08). Intrepid Potash had a negative return on equity of 2.02% and a negative net margin of 19.19%. The firm had revenue of $62.06 million during the quarter, compared to analysts’ expectations of $50.88 million. During the same period in the prior year, the company 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 Performance

Shares of IPI stock opened at $25.37 on Friday. The stock has a fifty day simple moving average of $24.10 and a two-hundred day simple moving average of $23.75. The firm has a market capitalization of $336.91 million, a PE 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.