SQM: Q2 Earnings Snapshot
SANTIAGO CHILE, Chile (AP) — SANTIAGO CHILE, Chile (AP) — Sociedad Quimica y Minera de Chile SA (SQM) on Wednesday reported second-quarter net income of $580.2 million.
On a per-share basis, the Santiago Chile, Chile-based company said it had profit of $2.03.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.62 per share.
The chemicals company posted revenue of $2.05 billion in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $2.24 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SQM at https://www.zacks.com/ap/SQM
