Sociedad Quimica y Minera S.A. (NYSE:SQM) is reporting second quarter financial results on Wednesday 19th August 2020, after market close.
According to analysts surveyed by Thomson Reuters, SQM is expected to report 2Q20 income of $ 0.20 per share from revenue of $ 464.60 million.
For the full year, analysts anticipate top line of $ 1966.41 million, while looking forward to income of $ 1.02 per share bottom line.
Previous Quarter Performance
Sociedad Quimica y Minera S.A. communicated income for the first quarter of $ 0.17 per share, from the revenue of $ 392.00 million. The quarterly earnings increased 5.17 percent compared with the same quarter last year. Wall street analysts are predicting, SQM to report 1Q20 income of $ 0.25 per share from revenue of $ 487.43 million. The bottom line results missed street analysts by $ 0.08 or 32 percent, at the same time, top line results fell short of analysts by $ 95.43 million or 19.58 percent.
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Stock Performance
According to the previous trading day, closing price of SQM was $ 32.53, representing a 114.01 % increase from the 52 week low of $ 15.20 and a 2.31 % decrease over the 52 week high of $ 33.30.
The company has a market capital of $ 8.56 billion and is part of the Basic Materials sector and Chemicals industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”SQM” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Sociedad Química y Minera de Chile S.A. produces and distributes specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, industrial chemicals, potassium, and other products and services. The company offers specialty plant nutrients, including potassium nitrate, sodium nitrate, sodium potassium nitrate, specialty blends, and other specialty fertilizers for crops, such as vegetables, fruits, and flowers under the Ultrasol, Qrop, Speedfol, and Allganic brands.
