What to Expect From Intrepid Potash

Updated

Intrepid Potash (NYS: IPI) is expected to report Q2 earnings on Aug. 1. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Intrepid Potash's revenues will compress -19.1% and EPS will decrease -35.1%.

The average estimate for revenue is $96.6 million. On the bottom line, the average EPS estimate is $0.24.


Revenue details
Last quarter, Intrepid Potash logged revenue of $112.2 million. GAAP reported sales were 9.0% higher than the prior-year quarter's $93.7 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.28. GAAP EPS of $0.27 for Q1 were 29% lower than the prior-year quarter's $0.38 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 40.4%, 360 basis points worse than the prior-year quarter. Operating margin was 32.1%, 430 basis points worse than the prior-year quarter. Net margin was 20.2%, 1,000 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $463.6 million. The average EPS estimate is $1.29.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Intrepid Potash is hold, with an average price target of $27.05.

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The article What to Expect From Intrepid Potash originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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