Albemarle Reports Net Sales Increase of 152% for Third Quarter 2022

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Albemarle (ALB) Tops Q3 EPS by 72c; Offers FY22 Guidance

November 2, 2022 4:55 PM EDT

Albemarle (NYSE: ALB) reported Q3 EPS of $7.50, $0.72 better than the analyst estimate of $6.78. Revenue for the quarter came in at $2.1 billion versus the consensus estimate of $2.2 billion.

GUIDANCE:

Albemarle sees FY2022 EPS of $19.75-$21.75, versus the consensus of $21.28. Albemarle sees... More