Albemarle Reports Strong Second-Quarter Sales Growth, Raising Guidance

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Albemarle (ALB) Tops Q2 EPS by 45c; Offers FY22 Guidance

August 3, 2022 4:20 PM EDT

Albemarle (NYSE: ALB) reported Q2 EPS of $3.45, $0.45 better than the analyst estimate of $3.00. Revenue for the quarter came in at $1.48 billion versus the consensus estimate of $1.43 billion.

GUIDANCE:

Albemarle sees FY2022 EPS of $19.25-$22.25, versus the consensus of $15.87. Albemarle sees... More