Albemarle Reports Net Sales Increase of 129% for First Quarter 2023

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Albemarle (ALB) Tops Q1 EPS by $3.31, Updates Guidance

May 3, 2023 4:18 PM EDT

Albemarle (NYSE: ALB) reported Q1 EPS of $10.32, $3.31 better than the analyst estimate of $7.01. Revenue for the quarter came in at $2.6 billion versus the consensus estimate of $2.73 billion.

GUIDANCE:

Albemarle sees FY2023 EPS of $20.75-$25.75, versus the consensus of $25.74. Albemarle sees... More