Albemarle ends 2018 strong; projecting continued growth in 2019
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Albemarle (ALB) PT Raised to $89 at Nomura/Instinet
February 22, 2019 7:30 AM ESTNomura/Instinet analyst Aleksey Yefremov raised the price target on Albemarle (NYSE: ALB) to $89.00 (from $85.00) while maintaining a Neutral rating.
The analyst commented, "Overall, we believe that ALB's 4Q18 results and commentary regarding 2019+ alleviated some potential near-term concerns on the shares... More
Albemarle (ALB) Misses Q4 EPS by 26c
February 20, 2019 4:17 PM ESTAlbemarle (NYSE: ALB) reported Q4 EPS of $1.21, $0.26 worse than the analyst estimate of $1.47. Revenue for the quarter came in at $921.7 million versus the consensus estimate of $894.83 million.
GUIDANCE:
Albemarle sees FY2019 EPS of $6.10-$6.50, versus the consensus of $6.14.
For earnings history and earnings-related data on Albemarle (ALB) click here.
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