Albemarle (ALB) Tops Q3 EPS by 11c

Albemarle (NYSE: ALB) reported Q3 EPS of $1.14, $0.11 better than the analyst estimate of $1.03. Revenue for the quarter came in at $642.4 million versus the consensus estimate of $617.7 million.

"We delivered better than forecast growth in net sales, earnings and cash flow this quarter driven by continued strength in Catalyst Solutions, and our full year will be well within the range of our guidance," said Albemarle president and CEO Luke Kissam. "We are also making excellent progress on the plan for integrating Rockwood and delivering the synergies of the combination once the transaction closes."

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

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