Intrepid Potash (NYSE: IPI) is expected to report Q2 earnings on Aug. 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 compress -19.1% and EPS will decrease -35.1%.

The average estimate for revenue is $96.6 million. On the bottom line, the average EPS estimate is $0.24.

Revenue details
Last quarter, Intrepid Potash logged revenue of $112.2 million. GAAP reported sales were 9.0% higher than the prior-year quarter's $93.7 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 $0.28. GAAP EPS of $0.27 for Q1 were 29% lower than the prior-year quarter's $0.38 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 40.4%, 360 basis points worse than the prior-year quarter. Operating margin was 32.1%, 430 basis points worse than the prior-year quarter. Net margin was 20.2%, 1,000 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $463.6 million. The average EPS estimate is $1.29.

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 $27.05.

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