Intrepid Potash (IPI) Q1 Earnings Lag, Sales Beat Estimates

Intrepid Potash, Inc. (IPI) recorded a loss of 24 cents per share in first-quarter 2024. The company had reported earnings of 35 cents per share in the year-ago quarter.Barring one-time items, the adjusted loss in the reported quarter was 14 cents per share. The Zacks Consensus Estimate was earnings of 4 cents.The company registered revenues of $79.3 million for the quarter, down around 9% year over year. Revenues beat the Zacks Consensus Estimate of$ 62.9 million.Segment HighlightsRevenues in the Potash se ...