Intrepid Potash Earnings Preview: Get Ahead of the Analysts
Intrepid Potash (NYSE:IPI) will report earnings after markets close on Wednesday, May 1st. Intrepid Potash, Inc. mines and markets potash for use as a fertilizer. The Company also markets langbeinite.
Here is your Cheat Sheet to Intrepid Potash Earnings:
Earnings Expectations: Analysts expect earnings of $0.19 per share on revenues of $91.69 million. Currently, the company’s P/E ratio stands at 15.85.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.29 to a profit $0.24. For the current year, the average estimate is a profit of $0.97, which is worse than the estimate ninety days ago.
Here’s how Intrepid Potash has been performing on an annual basis:
|Revenue ($) in millions||415.33||301.80||359.30||442.95||451.32|
|Diluted EPS ($)||1.31||0.74||0.60||1.45||1.16|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||104.60||112.24||98.78||129.35||110.94|
|Diluted EPS ($)||0.3309||0.27||0.25||0.44||0.1929|
Intrepid Potash has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)