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Intrepid Potash Q1 Profit Climbs

Intrepid Potash (IPI) announced earnings for its first quarter that climbed from last year.

The company's earnings came in at $6.16 million, or $0.05 per share. This compares with $1.76 million, or $0.01 per share, in last year's first quarter.

Analysts had expected the company to earn $0.04 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.4% to $57.55 million from $57.32 million last year.

Intrepid Potash earnings at a glance:

-Earnings (Q1): $6.16 Mln. vs. $1.76 Mln. last year.
-EPS (Q1): $0.05 vs. $0.01 last year.
-Analysts Estimate: $0.04
-Revenue (Q1): $57.55 Mln vs. $57.32 Mln last year.

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