Albemarle (ALB) Misses Q4 EPS by 1c

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Albemarle Corporation Finishes 2019 Strong; Announces 2020 Outlook

February 19, 2020 4:15 PM EST

CHARLOTTE, N.C., Feb. 19, 2020 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB) today announced its results for the fourth quarter and full year 2019.

Fourth Quarter 2019 Highlights(Based on year-over-year comparisons)

Net sales of $993 million increased ~8%, including an unfavorable currency exchange impact of ~1% Diluted EPS of $0.85 decreased ~30% Adjusted diluted EPS of $1.73 increased ~13% Adjusted... More