Intrepid Potash, Inc (NYSE:IPI) is reporting third quarter earnings results on Monday 2nd November 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.16 per share from $ 41.10 million in revenue.
For the full year, analysts predict revenues of $ 182.80 million, while looking forward to loss of $ 1.04 per share.
Previous Quarter Performance
Intrepid Potash, Inc recorded loss for the second quarter of $ 0.07 per share, from the revenue of $ 46.45 million. The quarterly revenues contracted 21.43 percent compared with the same quarter last year. Wall street analysts are predicting revenue of $ 54.09 million The top line results fell short of analysts by $ 7.64 million or 14.12 percent.
Stock Performance
On Friday, shares of Intrepid Potash, Inc has traded high as $ 10.40 and has cracked $ 9.80 on the downward trend, reaching $ 9.98 with volume of 41.40 thousand shares.
According to the previous trading day, closing price of $ 9.98, representing a 71.00 % increase from the 52 week low of $ 6.00 and a 68.24 % decrease over the 52 week high of $ 32.30.
The company has a market capital of $ 132.69 million and is part of the Basic Materials sector and Agricultural Inputs industry.
Intrepid Potash, Inc. produces and sells potash and langbeinite products in the United States and internationally. It operates through three segments: Potash, Trio, and Oilfield Solutions.
