Sociedad Química y Minera de Chile (SQM) to Release Earnings on Tuesday

Sociedad Química y Minera de Chile (NYSE:SQM - Get Free Report) is anticipated to announce its Q1 2025 earnings results after the market closes on Tuesday, May 27th. Analysts expect the company to announce earnings of $0.65 per share and revenue of $1.05 billion for the quarter.

Sociedad Química y Minera de Chile (NYSE:SQM - Get Free Report) last released its earnings results on Tuesday, March 4th. The basic materials company reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by ($0.10). The business had revenue of $1.07 billion during the quarter, compared to analysts' expectations of $1.01 billion. Sociedad Química y Minera de Chile had a positive return on equity of 16.12% and a negative net margin of 6.74%. On average, analysts expect Sociedad Química y Minera de Chile to post $-1 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Sociedad Química y Minera de Chile Stock Down 1.0%

Shares of NYSE:SQM traded down $0.34 during midday trading on Friday, reaching $32.96. The company's stock had a trading volume of 793,943 shares, compared to its average volume of 1,062,334. The firm has a 50 day moving average of $36.30 and a 200-day moving average of $38.08. The firm has a market capitalization of $9.41 billion, a P/E ratio of -29.69, a PEG ratio of 5.00 and a beta of 1.11. The company has a quick ratio of 2.05, a current ratio of 2.94 and a debt-to-equity ratio of 0.74. Sociedad Química y Minera de Chile has a 12-month low of $31.27 and a 12-month high of $50.73.

Hedge Funds Weigh In On Sociedad Química y Minera de Chile

An institutional investor recently raised its position in Sociedad Química y Minera de Chile stock. Goldman Sachs Group Inc. grew its holdings in shares of Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) by 53.8% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 358,646 shares of the basic materials company's stock after purchasing an additional 125,506 shares during the period. Goldman Sachs Group Inc. owned approximately 0.13% of Sociedad Química y Minera de Chile worth $14,249,000 as of its most recent SEC filing. Institutional investors and hedge funds own 12.41% of the company's stock.

Sociedad Química y Minera de Chile Company Profile

Sociedad Química y Minera de Chile SA operates as a mining company worldwide. The company offers specialty plant nutrients, including sodium potassium nitrate, specialty blends, and other specialty fertilizers under Ultrasol, Qrop, Speedfol, Allganic, Ultrasoline, ProP, and Prohydric brands. It also provides iodine and its derivatives for use in medical, agricultural, industrial, and human and animal nutrition products comprising x-ray contrast media, biocides, antiseptics and disinfectants, pharmaceutical intermediates, polarizing films for LCD and LED screens, chemicals, organic compounds, and pigments, as well as added to edible salt to prevent iodine deficiency disorders.