Coming Soon: Chemical & Mining Co. of Chile Earnings
Chemical & Mining Co. of Chile (NYS: SQM) is expected to report Q2 earnings on Aug. 28. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Chemical & Mining Co. of Chile's revenues will improve 7.2% and EPS will improve 29.4%.
The average estimate for revenue is $591.4 million. On the bottom line, the average EPS estimate is $0.66.
Last quarter, Chemical & Mining Co. of Chile logged revenue of $529.6 million. GAAP reported sales were 10% higher than the prior-year quarter's $480.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.57. GAAP EPS of $0.57 for Q1 were 36% higher than the prior-year quarter's $0.42 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 44.6%, 540 basis points better than the prior-year quarter. Operating margin was 38.9%, 660 basis points better than the prior-year quarter. Net margin was 28.3%, 510 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.45 billion. The average EPS estimate is $2.55.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,438 members out of 1,466 rating the stock outperform, and 28 members rating it underperform. Among 267 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 261 give Chemical & Mining Co. of Chile a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Chemical & Mining Co. of Chile is outperform, with an average price target of $60.61.
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The article Coming Soon: Chemical & Mining Co. of Chile Earnings originally appeared on Fool.com.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. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend Sociedad Quimica y Minera (ADR). 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.