Sociedad Quimica y Minera S.A. (NYSE:SQM) is set to announce third quarter earning results on Wednesday 18th November 2020, before market open.
Previous Quarter Performance
Sociedad Quimica y Minera S.A. unwinded income for the second quarter of $ 0.19 per share, from the revenue of $ 458.50 million. The quarterly earnings dropped 29.63 percent while revenues reduced 7.21 percent compared with the same quarter last year.
Wall street analysts are predicting, SQM to report 2Q20 income of $ 0.20 per share from revenue of $ 464.60 million. The bottom line results missed street analysts by $ 0.01 or 5 percent, at the same time, top line results fell short of analysts by $ 6.1 million or 1.31 percent.
Stock Performance
Shares of Sociedad Quimica y Minera S.A. traded low $ -0.21 or -0.46 percent on Tuesday, reaching $ 45.38 with volume of 1.32 million shares. Sociedad Quimica y Minera S.A. has traded high as $ 45.50 and has cracked $ 44.27 on the downward trend
According to the previous trading day, closing price of $ 45.38, representing a 199.93 % increase from the 52 week low of $ 15.20 and a 0.22 % decrease over the 52 week high of $ 45.69.
The company has a market capital of $ 11.94 billion and is part of the Basic Materials sector and Chemicals industry.
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.
