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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Intrepid Potash has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
Intrepid Potash has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]