Albemarle(ALB)

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Albemarle(ALB) - 2024 Q3 - Earnings Call Presentation
2024-11-07 11:42
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 ...
Here's What Key Metrics Tell Us About Albemarle (ALB) Q3 Earnings
ZACKS· 2024-11-07 00:36
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) Reports Q3 Loss, Misses Revenue Estimates
ZACKS· 2024-11-06 23:36
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 ...
Albemarle(ALB) - 2024 Q3 - Quarterly Report
2024-11-06 21:45
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 _________________________________________________ ...
Albemarle(ALB) - 2024 Q3 - Quarterly Results
2024-11-06 21:23
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 ...
Albemarle Reports Third Quarter 2024 Results
Prnewswire· 2024-11-06 21:15
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 to Report Q3 Earnings: What's in the Cards for the Stock?
ZACKS· 2024-11-05 21:00
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 ...
Albemarle: Navigating Stormy Seas With Limited Visibility
Seeking Alpha· 2024-11-05 15:14
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 ...
Earnings Preview: Albemarle (ALB) Q3 Earnings Expected to Decline
ZACKS· 2024-10-30 15:07
The market expects Albemarle (ALB) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...
Albemarle Stock Call Options Surge: What It Means for Lithium
MarketBeat· 2024-10-29 11:32
When investors want to measure the market's exposure to an individual stock to gauge sentiment and potential future moves for that name, they usually think in terms of shares bought or sold. However, there is another way that traders gain exposure to any given stock, which means a lot more when it comes to sending a message. Albemarle TodayALBAlbemarle$98.15 +4.64 (+4.96%) 52-Week Range$71.97▼$153.54Dividend Yield1.65%Price Target$117.30Add to WatchlistThrough stock options, traders gain the benefit of leve ...