earnings
confidence high
sentiment positive
materiality 0.75
Intrepid Potash Q3 net income $4.0M; potash avg price $381/ton (+60% YoY)
Intrepid Potash, Inc.
2021-Q3 EPS reported
$1.95
- Net income of $4.0M ($0.30 EPS) vs prior-year quarter loss; gross margin $10.6M.
- Potash average realized price $381/ton (up $143 YoY); Trio $336/ton (up $147 YoY).
- Adjusted EBITDA $13.1M; cash from operations $8.0M in Q3.
- HB facility weather impact: $3.6M abnormal cost; expects restart March 2022.
- Added East mine shift for ~50k tons additional production over 12 months.