Sociedad Quimica (SQM) to Post Q4 Earnings: What's in the Offing? [Yahoo! Finance]
Lithium Americas (Argentina) Corp. Common Shares (LAAC)
Company Research
Source: Yahoo! Finance
The company missed the Zacks Consensus Estimate for earnings in three of the last four quarters while missing once. It has a trailing four-quarter negative earnings surprise of around 11.8%, on average. It posted a negative earnings surprise of 15.2% in the last reported quarter. The company's fourth-quarter results are likely to have benefited from higher year over year lithium volumes. However, lower lithium and Iodine prices are expected to have hurt its performance. The pricing weakness in the Specialty Plant Nutrients segment is expected to have continued in the fourth quarter. Shares of Sociedad Quimica have lost 51.1% in the past year compared with 33.7% decline of the industry. Image Source: Zacks Investment Research Let's see how things are shaping up for this announcement. What do the Estimates Say? The Zacks Consensus Estimate for fourth-quarter sales for Sociedad Quimica is currently pegged at $1,358 million, which suggests a decline of around 56.7% year over
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