Recap: Intrepid Potash Q1 Earnings - Intrepid Potash (NYSE:IPI)

Intrepid Potash IPI reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:15 PM.

Here's what investors need to know about the announcement.

Intrepid Potash missed estimated earnings by 44.78%, reporting an EPS of $0.37 versus an estimate of $0.67.

Revenue was down $17.48 million from the same period last year.

Last quarter the company missed on EPS by $0.11 which was followed by a 3.98% drop in the share price the next day.

Here's a look at Intrepid Potash's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.94	1.74	1.99	1.95
EPS Actual	0.83	0.97	1.82	2.32
Revenue Estimate	50.30M	81.49M	88.58M	90.88M
Revenue Actual	66.68M	74.75M	91.74M	104.40M

To track all earnings releases for Intrepid Potash visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.