Albemarle (ALB) Reports Q3 Loss, Misses Revenue Estimates

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 ...