- Third-quarter net income for SQM is reported at $131.4 million, which is a 73% decrease year over year.
- The reported net income fell short of the estimated $183.4 million.
- Revenue for the quarter was $1.08 billion, marking a 41% decrease compared to the previous year.
- The reported revenue was slightly below the estimated $1.1 billion.
- There are currently 5 buy ratings, 3 hold ratings, and no sell ratings on SQM.
A look at Sociedad Quimica y Minera de C Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores for Sociedad Quimica y Minera de C, it shows a promising outlook for the company. With a strong dividend score of 4, investors can expect good returns through dividend payments. The company also scores well in resilience and momentum, indicating stability and a positive trend in performance. Although the value and growth scores are not as high, the overall picture suggests a reliable and steadily growing company in the long term.
Sociedad Quimica y Minera de C, known for producing specialty fertilizers and industrial chemicals, has a global presence in over 100 countries. With a focus on potassium nitrate, sodium nitrate, potassium sulfate, iodine, and lithium, the company plays a significant role in the agricultural and industrial sectors. The positive Smartkarma Smart Scores reflect a company with a solid dividend yield, resilience, and momentum, positioning it well for continued success in the future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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