Intrepid Potash Inc reports results for the quarter ended December 31 - Earnings Summary

• Intrepid Potash Inc IPI.N reported quarterly adjusted earnings of 49 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -11 cents. The mean expectation of two analysts for the quarter was for earnings of 33 cents per share. Wall Street expected results to range from 26 cents to 40 cents per share.

• Revenue rose 36% to $75.88 million from a year ago; analysts expected $65.25 million.

• Intrepid Potash Inc's reported EPS for the quarter was a loss of 3 cents​.

• The company reported a quarterly loss of $429 thousand.

• Intrepid Potash Inc shares had risen by 30.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 32% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "sell" and the breakdown of recommendations is no "strong buy" or "buy," no "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the agricultural chemicals peer group is "buy."

• Wall Street's median 12-month price target for Intrepid Potash Inc is $25.00, about 44.2% below its last closing price of $36.06

This summary was machine generated from LSEG data March 5 at 06:39 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)