Intrepid Potash (NYSE: IPI) is expected to report Q1 earnings on May 1. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Intrepid Potash's revenues will contract -17.9% and EPS will contract -32.1%.

The average estimate for revenue is $92.2 million. On the bottom line, the average EPS estimate is $0.19.

Revenue details
 Last quarter, Intrepid Potash notched revenue of $110.9 million. GAAP reported sales were 3.7% higher than the prior-year quarter's $95.2 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Last quarter, non-GAAP EPS came in at $0.26. GAAP EPS of $0.19 for Q4 were 42% lower than the prior-year quarter's $0.33 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 37.7%, 720 basis points worse than the prior-year quarter. Operating margin was 28.5%, 810 basis points worse than the prior-year quarter. Net margin was 14.7%, much worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $436.4 million. The average EPS estimate is $0.97.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Intrepid Potash is hold, with an average price target of $25.29.

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