Albemarle Corporation (ALB) logged a loss of $9.45 per share in the third quarter of 2024. In the year-ago quarter, the company had reported earnings of $2.57 per share. Barring one-time items, adjusted loss for the reported quarter came in at $1.55 per share. It was wider than the Zacks Consensus Estimate of a loss of 31 cents. The bottom line was hurt by pre-tax charges of $861 million related to restructuring charges and asset write-offs.Find the latest EPS estimates and surprises on Zacks Earnings Calen ...

Albemarle Corporation (NYSE:ALB) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Kent Masters - Chairman, President, and CEO Neal Sheorey - EVP and CFO Netha Johnson - COO Eric Norris - CMO Meredith Bandy - VP, IR and Sustainability Conference Call Participants Aleksey Yefremov - KeyBanc Capital Markets John Roberts - Mizuho Securities David Deckelbaum - TD Cowen Apurva Kilambi - Scotia Capital Rock Hoffman - Bank of America Vincent Andrews - Morgan Stanley Matt Hettwer - V ...

اد Q3 2024 Earnings November 7, 2024 8:00am ET Forward-Looking Statements 2 This presentation, conference call and discussions that follow contain statements concerning our expectations, anticipations and beliefs regarding the future, which constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, which are based on assumptions that we have made as of the date hereof and are subject to known and unknown risks and unc ...

Albemarle (ALB) reported $1.35 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 41.4%. EPS of -$1.55 for the same period compares to $2.74 a year ago.The reported revenue represents a surprise of -2.24% over the Zacks Consensus Estimate of $1.39 billion. With the consensus EPS estimate being -$0.31, the EPS surprise was -400.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...

Albemarle (ALB) came out with a quarterly loss of $1.55 per share versus the Zacks Consensus Estimate of a loss of $0.31. This compares to earnings of $2.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -400%. A quarter ago, it was expected that this specialty chemicals company would post earnings of $0.53 per share when it actually produced earnings of $0.04, delivering a surprise of -92.45%.Over the last four quarters, the ...

Table of Contents Title of each classTrading SymbolName of each exchange on which registered COMMON STOCK, $.01 Par Value ALB New York Stock Exchange DEPOSITARY SHARES, each representing a 1/20th interest in a share of 7.25% Series A Mandatory Convertible Preferred Stock ALB PR A New York Stock Exchange Emerging growth company ☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________________________________________ FORM 10-Q _________________________________________________ ...

Contact: invest@albemarle.com 1.980.299.5700 Exhibit 99.1 Albemarle® Albemarle Reports Third Quarter 2024 Results CHARLOTTE, N.C. – November 6, 2024 - Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the third quarter ended September 30, 2024. Third-Quarter 2024 and Recent Highlights (Unless otherwise stated, all percentage changes represent year-over-year comparisons) • Net sales of $1.4 billion ...

CHARLOTTE, N.C., Nov. 6, 2024 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced its results for the third quarter ended September 30, 2024.Third-Quarter 2024 and Recent Highlights(Unless otherwise stated, all percentage changes represent year-over-year comparisons) Net sales of $1.4 billion, with volumes in Energy Storage and Specialties up 16% and 4%, respectively Net loss of ($1.1) billion, or ( ...

Albemarle Corporation (ALB) is slated to release third-quarter 2024 results after the closing bell on Nov. 6.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company missed the Zacks Consensus Estimate for earnings in three of the trailing four quarters while beating once. In this timeframe, it delivered a negative earnings surprise of 14.3%, on average. It posted a negative earnings surprise of roughly 92.5% in the last reported quarter. ALB is likely to have benefited from heal ...

My initial bearish thesis about Albemarle Corporation (NYSE: ALB ) aged well, as the stock became cheaper by around 17% since late January. Headwinds for lithium prices are poised to remain strong in the foreseeable future, which makes it difficultI am a highly experienced Chief Financial Officer (CFO) with a strong background in the oilfield and real estate industries. With over a decade of experience in finance, I have led numerous complex due diligence efforts and M&A transactions, both domestically and ...