SQM: Q1 Earnings Snapshot
SANTIAGO CHILE, Chile (AP) _ Sociedad Quimica y Minera de Chile SA (SQM) on Thursday reported first-quarter net income of $796.1 million.
On a per-share basis, the Santiago Chile, Chile-based company said it had profit of $2.79.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.23 per share.
The chemicals company posted revenue of $2.02 billion in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $1.28 billion.