SQM Reports Earnings For The First Quarter 2015

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Sociedad Quimica y Minera de Chile (SQM) Misses Q1 EPS by 4c

May 20, 2015 6:38 AM EDT

Sociedad Quimica y Minera de Chile (NYSE: SQM) reported Q1 EPS of $0.27, $0.04 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $387.5 million versus the consensus estimate of $532.5 million.

SQM's Chief Executive Officer, Patricio de Solminihac, stated, "The first quarter was met with challenges on many levels. As you know, the Company has been responding to a number of inquiries from Chilean authorities including the Public Prosecutor and the Chilean Internal Revenue Service. We are taking all of these issues seriously, and will continue to work diligently with our... More