Sociedad Quimica Y Minera Q4 EPS $0.71 Misses $1.16 Estimate, Sales $1.31B Miss $1.35B Estimate
Portfolio Pulse from Benzinga Newsdesk
Sociedad Quimica Y Minera (SQM) reported Q4 earnings of $0.71 per share, missing the $1.16 estimate, and sales of $1.31B, missing the $1.35B estimate. This represents a significant decrease from the previous year's earnings and sales.
February 29, 2024 | 6:44 am
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NEGATIVE IMPACT
SQM's Q4 earnings and sales significantly missed analyst estimates, with a substantial decrease compared to last year's figures.
The significant miss in both earnings per share and sales compared to analyst estimates, coupled with a steep decline from the previous year's performance, is likely to negatively impact investor sentiment and SQM's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100