Previous close | 58.17 |
Open | 58.23 |
Bid | 56.99 x 900 |
Ask | 56.95 x 800 |
Day's range | 56.86 - 58.42 |
52-week range | 47.90 - 69.12 |
Volume | |
Avg. volume | 1,965,140 |
Market cap | 28.174B |
Beta (5Y monthly) | 0.97 |
PE ratio (TTM) | 33.31 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 2.16 (3.71%) |
Ex-dividend date | 28 Jun 2024 |
1y target est | N/A |
Lower revenues in the Potash segment weigh on Intrepid Potash's (IPI) first-quarter top line.
German potash and salt miner K+S reiterated its 2024 guidance on Monday after confirming a quarterly core profit beat driven by an upbeat performance in Europe on recovering prices and demand. A strong start to the year in Europe raises its likelihood of reaching the higher end of this range, the Hessian-based group said. The core profit beat was driven by the Specialty Fertilizer business as well as an overall good performance in Europe, the company said.
(Reuters) -German potash and salt miner K+S reiterated its 2024 guidance on Monday after confirming a quarterly core profit beat driven by an upbeat performance in Europe on recovering prices and demand. Potash prices have started to recover after falling last year from 2022's near record highs due to a drop in demand, as farmers used up existing fertiliser stocks and cut back on its use to rein in costs. A strong start to the year in Europe raises its likelihood of reaching the higher end of this range, the Hessian-based group said.