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Sociedad Quimica Y Minera (SQM)
:SQM
RESEARCH TOOLSreports
Earnings Data
Report Date
May 28, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.59Last Year’s EPS
-3.04Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 04, 2025
|% Change Since: -9.15%
|Next Earnings Date:May 28, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements in lithium sales volumes and iodine segment performance, boosted by strong demand and strategic investments in capacity expansion. However, the positive aspects were balanced by challenges such as a substantial onetime charge impacting net income, a decline in potash production, and increased costs. The outlook for 2025 remains optimistic, particularly for the lithium market.Company Guidance
During the SQM Fourth Quarter 2024 Earnings Conference Call, the company's financial guidance highlighted several key metrics and projections. Revenues for the full year 2024 slightly exceeded $4.5 billion, with a gross profit of approximately $1.3 billion. Net income was notably impacted by a one-time charge of $1.1 billion related to a tax dispute. The lithium market saw a 25% growth in 2024, driven by electric vehicle demand, with sales volumes reaching nearly 205,000 metric tons. For 2025, SQM anticipates a demand growth of around 17% for lithium, with sales volumes expected to grow at a similar rate. The iodine segment also had a record year, benefiting from strong price growth. Investment in capacity expansion remains a priority, with over $1.6 billion invested in 2024 and plans to allocate approximately $750 million in 2025 for lithium capacity expansion in Chile and abroad. Additionally, $350 million is planned for the caliche operation to boost iron ore capacity. The company's strong financial position supports these investments and provides flexibility for future opportunities.Record-Breaking Lithium Sales Volumes
SQM achieved record sales volumes in 2024, reaching nearly 205,000 metric tons of lithium. The fourth quarter alone saw sales surpassing 58,000 metric tons of lithium carbonate equivalent.
Strong Iodine and Plant Nutrition Performance
The Iodine segment had an exceptional year in 2024, achieving record volumes and benefiting from strong price growth driven by the recovery in demand, especially in the X-ray contrast media application.
Significant Investment in Expansion
In 2024, SQM invested over $1.6 billion in expansion, with plans to allocate approximately $750 million for lithium capacity expansion in 2025 and close to $350 million in the caliche operation.
Optimistic Lithium Market Outlook
The lithium market is expected to grow approximately 17% in 2025, with SQM's sales volumes anticipated to grow at a similar rate.
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SQM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SQM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 04, 2025 | $38.37 | $39.93 | +4.07% |
Nov 20, 2024 | $39.14 | $38.74 | -1.02% |
Aug 20, 2024 | $37.53 | $37.27 | -0.69% |
May 22, 2024 | $47.51 | $48.62 | +2.34% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Sociedad Quimica Y Minera (SQM) report earnings?
Sociedad Quimica Y Minera (SQM) is schdueled to report earning on May 28, 2025, TBA Not Confirmed.
What is Sociedad Quimica Y Minera (SQM) earnings time?
Sociedad Quimica Y Minera (SQM) earnings time is at May 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SQM EPS forecast?
SQM EPS forecast for the fiscal quarter 2025 (Q1) is 0.59.
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