Intrepid Potash Q1 beats Street
Investing News Network - May 5th, 2010
Fertilizer maker Intrepid Potash Inc (IPI.N) reported a first-quarter profit that edged past analysts’ estimates, helped by higher sales volumes, sending shares up 3 percent in trading after the bell.
Fertilizer maker Intrepid Potash Inc (IPI.N) reported a first-quarter profit that edged past analysts’ estimates, helped by higher sales volumes, sending shares up 3 percent in trading after the bell.
The press release is quoted as saying:
For the latest first quarter, net income was $11.8 million, or 16 cents a share, compared with $24.7 million, or 33 cents a share, last year.