Intrepid Potash, Inc. (IPI) posted third quarter net income of $9.5 million or $0.13 per share, compared to $49.7 million or $0.66 per share in the prior year quarter. Adjusted net income for the quarter was $13.3 million, compared to $49.8 million in the year-ago period.
On average, 14 analysts polled by Thomson Reuters expected the company to report earnings of $0.14 per share. Analysts' estimates typically exclude special items.
Sales for the period were $66.4 million, compared to $146.2 million in the previous year period. Street analysts expect revenues of $64.46 million.
For comments and feedback: editorial@rttnews.com