Albemarle (ALB) Tops Q2 EPS by 72c; offers outlook

Albemarle (NYSE: ALB) reported Q2 EPS of $3.75, $0.72 better than the analyst estimate of $3.03. Revenue for the quarter came in at $1.74 billion versus the consensus estimate of $1.59 billion.

OUTLOOK

Improving full-year 2026 outlook considerations including:

Increasing full-year Specialties net sales outlook to $1.4 to $1.6 billion and adjusted EBITDA outlook to $275 to $325 million, due to stronger-than-expected pricing and volume performance year to date.
Expect minimal impact to Energy Storage sales volume related to the fire at Talison CGP3 which occurred on June 9, in part due to better-than-planned output from the Wodgina mine.
Reducing full-year capital expenditure forecast to approximately $500 million due to ongoing capital efficiency improvements.

For earnings history and earnings-related data on Albemarle (ALB) click here.

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