IPI Stock Recent News

Intrepid Potash, Inc. (NYSE:IPI ) Q2 2024 Earnings Conference Call August 6, 2024 12:00 PM ET Company Participants Evan Mapes - IR Matt Preston - CFO and Acting Principal Executive Officer Zachry Adams - VP, Sales and Marketing Conference Call Participants Lucas Beaumont - UBS Jason Ursaner - Bumbershoot Holdings Operator Thank you for standing by. This is the conference operator, and welcome to the Intrepid Potash, Inc. Second Quarter 2024 Results Conference Call.

Intrepid Potash (IPI) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.02. This compares to earnings of $0.33 per share a year ago.

DENVER--(BUSINESS WIRE)--Intrepid Potash, Inc. ("Intrepid", the "Company", "we", "us", or "our") (NYSE:IPI) today reported its results for the second quarter of 2024. Key Highlights for Second Quarter 2024 Financial & Operational Total sales of $62.1 million, which compares to $81.0 million in the second quarter of 2023. Net loss of $0.8 million (or $0.06 per diluted share), which compares to net income of $4.3 million (or $0.33 per diluted share) in the second quarter of 2023. Gross margin.

Intrepid Potash (IPI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Keep an eye on stocks such as RTX, Intrepid Potash (IPI) and DHT for superb earnings acceleration.

DENVER--(BUSINESS WIRE)--Intrepid Potash Inc. (“Intrepid,” “we,” “the Company,” or “our”) (NYSE:IPI) today announced the Board of Directors (“the Board”) of Intrepid has elected Barth Whitham, formerly Lead Independent Director, as its Chair. The Board has also initiated a search process to identify a successor for Intrepid's Chief Executive Officer, Bob Jornayvaz. During this process, Intrepid's Chief Financial Officer, Matt Preston, will continue to serve as acting principal executive officer.

Keep an eye on stocks such as RTX Corporation (RTX), AAR (AIR) and Intrepid Potash (IPI) for solid earnings acceleration.

Nutrien, ICL and Intrepid Potash have been highlighted in this Industry Outlook article.

Favorable demand in major markets for crop nutrients, backed by the strength in global agriculture markets, should enable the Zacks Fertilizers industry to thrive. NTR, ICL and IPI should benefit from supportive industry fundamentals.

Lower revenues in the Potash segment weigh on Intrepid Potash's (IPI) first-quarter top line.