SQM Earnings Prediction
The chart below shows how SQM performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SQM sees a -4.53% change in stock price 10 days leading up to the earnings, and a -3.39% change 10 days following the report. On the earnings day itself, the stock moves by -0.54%. This data can give you a slight idea of what to expect for the next quarter's release.
SQM Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.08B
-41.48%
-16.76%
Gross Margin
26.08%
-36.31%
-12.13%
Operating Margin
21.61%
-43.69%
-12.19%
Net Margin
12.41%
-52.58%
-25.29%
EPS
0.46
-72.62%
-38.67%
No Data Available
SQM Earnings Analysis
Sociedad Quimica y Minera de Chile SA Corporation (SQM.N) Earnings Conference Call
Positive
Specialty Plant Nutrition Growth: Volume growth in Specialty Plant Nutrition exceeded 20% year-on-year, contributing to over 12% revenue increase despite lower prices.
Lithium Sales Volume Growth: Lithium sales volumes reached over 51,000 metric tons, demonstrating an 18% year-on-year growth, indicating strong market demand.
Spodumene Production Outlook: The company expects to produce between 210,000 to 230,000 tons of spodumene concentrate in 2025, reflecting a robust production outlook.
Stable Price Behavior: The Specialty Fertilizer market is showing stable price behavior, which is expected to support revenue growth in the coming quarters.
Production Efficiency Improvement: The company is on track to increase production efficiency through several projects, enhancing capacity and operational performance.
Negative
Lithium Sales Decline: Sales volumes in the third quarter were reported at more than 51,000 metric tons of lithium products, indicating a decline compared to previous quarters.
Price Decline Trend: Average realized prices during the third quarter were 24% lower than the second quarter this year, reflecting a downward trend in pricing.
Price Pressure from Oversupply: Despite strong demand growth, the company continues to see prices pressured by temporary oversupply, which has been decreasing considering the production curtailment announced by other market players.
Sales Volume Projection: The company expects to reach sales volumes close to 195,000 tons for the year, which implies a significant reduction in volume throughout the fourth quarter.
SEC Inquiry on Compliance Program: The SEC has initiated an inquiry related to the company's business operations compliance program, which could have potential implications for the company's operations.
SQM FAQs
How does SQM typically perform around its earnings report dates?
Is Sociedad Química y Minera de Chile S.A. (SQM) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
SQM Earning Call Sentiment
Sociedad Química y Minera de Chile S.A. (SQM) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
SQM.N
0.43%Positive
The earnings call indicates mixed signals. While there's strong growth in specialty plant nutrition and a long-term positive lithium outlook, the immediate concerns include a significant drop in lithium prices and regulatory scrutiny. The lack of a shareholder return plan and unclear responses in the Q&A add uncertainty. Despite strong growth in sales volumes, the market's reaction might be tempered by price volatility and competitive pressures. The absence of a share buyback program and regulatory risks further contribute to a neutral sentiment, expecting minimal stock price movement over the next two weeks.
