Investing.com - Sociedad Quimica y Minera reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Sociedad Quimica y Minera announced earnings per share of $0.01 on revenue of $452.9M. Analysts polled by Investing.com anticipated EPS of $0.22 on revenue of $472.75M.
Sociedad Quimica y Minera shares are down 7% from the beginning of the year and are trading at $44.90 , down-from-52-week-high.They are under-performing the Nasdaq which is up 32% from the start of the year.
Sociedad Quimica y Minera shares lost 0.97% in intra-day trade the report.
Sociedad Quimica y Minera follows other major Basic Materials sector earnings this month
Sociedad Quimica y Minera's report follows an earnings beat by Sherwin-Williams on October 27, who reported EPS of $8.29 on revenue of $5.12B, compared to forecasts EPS of $7.79 on revenue of $5.07B.
Vale ADR had missed expectations on October 28 with third quarter EPS of $0.57 on revenue of $10.76B, compared to forecast for EPS of $0.69 on revenue of $10.81B.
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