SQM: Q2 Earnings Snapshot

SANTIAGO CHILE, Chile (AP) — SANTIAGO CHILE, Chile (AP) — Sociedad Quimica y Minera de Chile SA (SQM) on Wednesday reported second-quarter earnings of $88.4 million.

The Santiago Chile, Chile-based company said it had net income of 31 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.

The chemicals company posted revenue of $1.04 billion in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $977.6 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SQM at https://www.zacks.com/ap/SQM

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