Albemarle reports third quarter 2016 results and raises full year guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
UBS Raises Price Target on Albemarle (ALB) to $85 Following 3Q Report
November 8, 2016 8:16 AM ESTUBS reiterated a Neutral rating on Albemarle (NYSE: ALB), and raised the price target to $85.00 (from $84.00), following the company's 3Q earnings report. Adjusted EPS was reported at $0.91, compared to $0.80 estimates. 4Q EPS was guided to $0.72 at the midpoint, compared to $0.75 estimates.
Analyst John Roberts... More
Albemarle (ALB) Announces Election of New Board Chairman
November 8, 2016 6:27 AM ESTThe board of directors of Albemarle Corporation (NYSE: ALB) announced its decision to elect president and chief executive officer, Luke Kissam, as chairman, effective November 7, 2016. He assumes this title in... More
Albemarle (ALB) Tops Q3 EPS by 10c, Updates FY Guidance
November 7, 2016 5:36 PM ESTAlbemarle (NYSE: ALB) reported Q3 EPS of $0.91, $0.10 better than the analyst estimate of $0.81. Revenue for the quarter came in at $654 million versus the consensus estimate of $645.81 million.
GUIDANCE:
Albemarle sees Q4 2016 EPS of $3.45-$3.55, versus the consensus of $3.48. Albemarle sees Q4... More
