A Preview Of Sociedad Quimica Y Minera's Earnings
Portfolio Pulse from Benzinga Insights
Sociedad Quimica Y Minera (NYSE:SQM) is scheduled to release its quarterly earnings report on November 15, 2023. Analysts predict an EPS of $2.33. Investors are looking for an earnings beat and positive guidance for future growth. Historically, SQM's stock price has been sensitive to earnings performance and guidance. Last quarter, SQM missed EPS estimates by $0.50, resulting in a 1.56% share price drop the following day. Over the past year, SQM shares have declined by 49.58%, indicating a bearish sentiment among long-term shareholders ahead of the earnings release.
November 14, 2023 | 2:00 pm
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Sociedad Quimica Y Minera is anticipated to report an EPS of $2.33 in its upcoming earnings release, with investors focusing on potential earnings beats and future guidance. The stock has been on a downward trend, losing nearly half its value over the past year.
The short-term impact on SQM's stock price will likely hinge on whether the company can exceed the EPS estimate and provide optimistic future guidance. Given the stock's sensitivity to past earnings performances and the current bearish sentiment, the direction of the price movement post-earnings could be significant but is uncertain without knowing the actual results and guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100