Sociedad Quimica y Minera Beats Analyst Estimates on EPS
Sociedad Quimica y Minera (NYS: SQM) reported earnings on March 7. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Sociedad Quimica y Minera whiffed on revenue and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue increased and GAAP earnings per share grew significantly.
Margins grew across the board.
Sociedad Quimica y Minera reported revenue of $538.9 million. The one analyst polled by S&P Capital IQ expected revenue of $602.1 million on the same basis. GAAP reported sales were 6.6% higher than the prior-year quarter's $505.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.60. The two earnings estimates compiled by S&P Capital IQ anticipated $0.58 per share. GAAP EPS of $0.60 for Q4 were 50% higher than the prior-year quarter's $0.40 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 50.6%, 1,670 basis points better than the prior-year quarter. Operating margin was 35.4%, 950 basis points better than the prior-year quarter. Net margin was 29.5%, 860 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $620.8 million. On the bottom line, the average EPS estimate is $0.56.
Next year's average estimate for revenue is $2.52 billion. The average EPS estimate is $2.61.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,438 members out of 1,467 rating the stock outperform, and 29 members rating it underperform. Among 306 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 299 give Sociedad Quimica y Minera a green thumbs-up, and seven give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Sociedad Quimica y Minera is hold, with an average price target of $61.37.
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At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Motley Fool newsletter services have recommended buying shares of Sociedad Quimica y Minera. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.