Albemarle Reports First-Quarter Sales Growth of 36%, Raising Guidance

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Go back to Albemarle Reports First-Quarter Sales Growth of 36%, Raising Guidance

Albemarle (ALB) Removed from Evercore Tactical Outperform List

May 5, 2022 4:15 PM EDT

Albemarle (NYSE: ALB) Removed from Evercore Tactical Outperform List.

Analyst Stephen Richardson comments "We are removing ALB from the Tactical Outperform list following 1Q results. The most significant change in incremental disclosure from ALB was a reconfirmation of the linkage of... More

Albemarle (ALB) Tops Q1 EPS by 75c, Offers Guidance

May 4, 2022 4:29 PM EDT

Albemarle (NYSE: ALB) reported Q1 EPS of $2.38, $0.75 better than the analyst estimate of $1.63. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.02 billion.

GUIDANCE:

Albemarle sees FY2022 EPS of $9.25-$12.25, versus the consensus of $6.22. Albemarle sees... More