Intrepid Potash (IPI) Reports Q1 Loss, Tops Revenue Estimates

Intrepid Potash (IPI) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of $0.04. This compares to earnings of $0.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -450%. A quarter ago, it was expected that this potash and fertilizer producer would post a loss of $0.21 per share when it actually produced a loss of $0.41, delivering a surprise of -95.24%.Over the last four quarters, the comp ...