Sociedad Quimica (SQM) Earnings and Sales Top Estimates in Q1

Sociedad Quimica y Minera de Chile S.A. (SQM) recorded a loss of $3.04 per share for first-quarter 2024. This compares to earnings of$ 2.63 in the year-ago quarter. The Specialty Plant Nutrients ("SPN") segment raked in revenues of $207.8 million, down around 6% year over year. Sales were hurt by significantly lower average sales prices. Revenues from the Iodine and Derivatives unit came in at$ 240.1 million, up around 0.2% year over year. Sales were aided by higher sales volumes, offset by lower sales pric ...