Recap: Intrepid Potash Q4 Earnings
Portfolio Pulse from Benzinga Insights
Intrepid Potash (NYSE:IPI) reported Q4 earnings with an EPS of $-0.41, missing estimates by -583.0% and a revenue decrease of $10.01 million from the previous year. This follows a pattern of missed EPS estimates in previous quarters, with a notable 6.0% share price drop after last quarter's earnings miss.
March 06, 2024 | 9:35 pm
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Intrepid Potash reported significantly lower Q4 earnings than expected, with a -583.0% miss on EPS estimates and a year-over-year revenue decrease.
The substantial miss on EPS estimates and the year-over-year revenue decrease are likely to negatively impact investor sentiment and could lead to a short-term decrease in stock price, similar to the 6.0% drop observed after the last quarter's earnings miss.
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