Intrepid Potash (IPI) Tops Q1 EPS by 4c

Intrepid Potash (NYSE: IPI) reported Q1 EPS of $0.09, $0.04 better than the analyst estimate of $0.05. Revenue for the quarter came in at $117.02 million versus the consensus estimate of $90 million.

"We delivered solid results driven by our advantage of selling into the highest margin and cash flow opportunities across our diverse markets and customer base," said Intrepid's Executive Chairman, President and CEO Bob Jornayvaz. "In the quarter, we improved earnings and increased free cash flow1 by lowering our per ton cash operating costs1 and achieving higher prices compared with last year's first quarter.”

For earnings history and earnings-related data on Intrepid Potash (IPI) click here.

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