Earnings Preview For Intrepid Potash
Portfolio Pulse from Benzinga Insights
Intrepid Potash (NYSE:IPI) is scheduled to release its quarterly earnings report on March 6, 2024, with analysts expecting an EPS of $-0.06. The company's past earnings performance shows a trend of not meeting EPS estimates, leading to significant share price drops the following day. Shares are currently trading at $21.09, down 34.51% over the last year. Investors will be closely watching for both the earnings outcome and the company's future guidance.
March 05, 2024 | 4:03 pm
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Intrepid Potash is expected to report an EPS of $-0.06 for the upcoming quarter. Historical performance shows a pattern of not meeting EPS estimates, resulting in share price declines. Currently, shares are down 34.51% over the last year.
Given Intrepid Potash's history of not meeting EPS estimates and the subsequent negative impact on its share price, it's likely that any deviation from the expected EPS could lead to further declines. The stock's current downward trend over the past year adds to the bearish outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100