Sociedad Química y Minera de Chile (SQM) is set to unveil its earnings for the first quarter of 2025 on May 22, with a follow-up conference call scheduled for May 28 at 12:00 PM ET. This announcement is highly anticipated by analysts and investors alike, eager to see how the company performed as it navigates fluctuating lithium prices that have heavily influenced its recent financial outcomes.
For Q1 2025, analysts are expecting SQM to report earnings per share (EPS) of $0.63, which would represent a 50% increase from the last quarter, according to a report by Coincodex. Revenue is projected to reach $1.033 billion, a slight increase of 5.61% compared to the same period the previous year. Last quarter, the company faced challenges, reporting a net profit for Q4 2024 of $120.1 million or $0.42 per share, a sharp drop of 40.9% from the previous year due to declining lithium prices, as noted by Marketscreener.
Looking ahead, analysts are forecasting a brighter year for SQM. They estimate that total revenues for 2025 could rise by 3.4% to $4.68 billion. Additionally, significant improvements are projected in earnings, with expectations of the EPS turning positive to $3.04. These projections highlight a potential recovery for SQM, following a challenging 2024 where the company posted a loss of $1.42 per share despite revenues of $4.5 billion, meeting earlier analyst expectations, as reported by ITiger.