So, there's this company called Sociedad Quimica y Minera de Chile, or SQM for short, and they make different things like lithium, plant nutrients, and some chemicals. They had some money and profits in the second-quarter this year, but it's less than before. They sold things for less money than last time, but they sold more things. They hope to sell even more things in the rest of the year. Some of their products' prices went up and some went down, so we have to wait and see what happens. Read from source...
No
### BILL:
I have read Benzinga's news story about Sociedad Quimica y Minera de Chile S. A. (SQM) missing earnings estimates in Q2 2024. The company reported a decline in profits compared to the same period last year, along with lower revenues. However, SQM did beat expectations in terms of revenue generation. The company also provided an outlook for the remainder of 2024, with increased production and sales volume expectations for certain segments. Overall, the news story provides a balanced and informative summary of SQM's Q2 2024 earnings report.
neutral
Source: Benzinga
### BOB:
Earnings were mixed for Sociedad Quimica y Minera de Chile S. A. (SQM) for the second quarter of 2024, with the company missing EPS estimates but beating revenue forecasts. The company posted a profit of $213.6 million or 75 cents per share, which marks a decline from the $580.2 million or $2.03 per share registered in the year-ago quarter. Quarterly earnings also fell short of the Zacks Consensus Estimate of 99 cents per share. Revenues generated in the quarter came in at $1,293.6 million, down around 37% YoY. SQM produced a solid revenue number, beating the Zacks consensus estimate for revenue of $1,260.7 million. The market reaction to these numbers has been neutral, with SQM's shares declining 2.5% after the earnings report.
https://finance.yahoo.com/quote/SQM?ntse=1&nsl=1, https://finance.yahoo.com/quote/SQM?p=SQM&.tsrc=fin-srch-yahoo