Sociedad Quimica y Minera de Chile SA reports results for the quarter ended September 30 - Earnings Summary

• Sociedad Quimica y Minera de Chile SA SQM.N reported quarterly adjusted earnings of 46 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.68. The mean expectation of seven analysts for the quarter was for earnings of 66 cents per share. Wall Street expected results to range from 48 cents to 83 cents per share.

• Revenue fell 41.5% to $1.08 billion from a year ago; analysts expected $1.09 billion.

• Sociedad Quimica y Minera de Chile SA's reported EPS for the quarter was 46 cents​.

• The company reported quarterly net income of $131.43 million.

• Sociedad Quimica y Minera de Chile SA shares had fallen by 6.1% this quarter and lost 35.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 27.1% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the specialty chemicals peer group is also "buy"

Wall Street's median 12-month price target for Sociedad Quimica y Minera de Chile SA is $55.00

This summary was machine generated from LSEG data November 20 at 06:07 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)