Stock Analysis

Intrepid Potash Third Quarter 2024 Earnings: US$0.14 loss per share (vs US$0.56 loss in 3Q 2023)

NYSE:IPI
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Intrepid Potash (NYSE:IPI) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$46.5m (up 6.0% from 3Q 2023).
  • Net loss: US$1.83m (loss narrowed by 75% from 3Q 2023).
  • US$0.14 loss per share (improved from US$0.56 loss in 3Q 2023).
earnings-and-revenue-history
NYSE:IPI Earnings and Revenue History November 6th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Intrepid Potash Earnings Insights

Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Chemicals industry in the US.

Performance of the American Chemicals industry.

The company's shares are up 9.8% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Intrepid Potash that you should be aware of before investing here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.