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ALB / Albemarle Earnings Miss Expectations and Management Lowers 2023 Guidance

Albemarle Earnings Miss Expectations and Management Lowers 2023 Guidance
Third-quarter revenue rose 10% year over year, which missed the 22% growth Wall Street had expected. Adjusted earnings per share (EPS) dropped 63%, falling short of the 43% decline analysts had projected. Read More
Posted: Nov 3 2023, 09:04
Author Name: The Motley Fool
Views: 071877

ALB News  

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Economists say the recession is canceled; the bond market is 98% sure it's still coming. The bond market is likely right, BUT history is very clear, t more_horizontal

Why Albemarle Stock Fell This Week -- and Why It's an Opportunity

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Why Albemarle Stock Fell This Week -- and Why It's an Opportunity

Albemarle downgraded its 2023 sales outlook this week on weak lithium prices. The company, however, still expects to grow sales by 30% or more this ye more_horizontal

Albemarle Earnings Miss Expectations and Management Lowers 2023 Guidance

By The Motley Fool
November 3, 2023

Albemarle Earnings Miss Expectations and Management Lowers 2023 Guidance

Third-quarter revenue rose 10% year over year, which missed the 22% growth Wall Street had expected. Adjusted earnings per share (EPS) dropped 63%, fa more_horizontal

Albemarle's Q3 net income falls 66% on weaker lithium prices

By Kitco
November 2, 2023

Albemarle's Q3 net income falls 66% on weaker lithium prices

(Kitco News) - Lithium producer Albemarle (NYSE: ALB) yesterday announced net sales of $2.3 billion in Q3 2023, up 10% compared to Q3 2022 ($2.1 billi more_horizontal

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Albemarle 3Q results miss; lithium miner cuts 2023 outlook

By Proactive Investors
November 2, 2023

Albemarle 3Q results miss; lithium miner cuts 2023 outlook

Albemarle Corporation (NYSE:ALB) after Wednesday's close announced third quarter 2023 adjusted earnings per share (EPS) of $2.74, falling short of the more_horizontal

A New Bull Market Is Coming! 3 Stocks Set to Soar 65% to 132% Higher

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Should You Buy Albemarle (ALB) Ahead of Earnings?

By Zacks Investment Research
October 31, 2023

Should You Buy Albemarle (ALB) Ahead of Earnings?

Albemarle (ALB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. more_horizontal


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