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Here's What Key Metrics Tell Us About Albemarle (ALB) Q3 Earnings
ALBAlbemarle(ALB) ZACKS·2024-11-07 00:36

Albemarle (ALB) reported 1.35billioninrevenueforthequarterendedSeptember2024,representingayearoveryeardeclineof41.41.35 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 2.74ayearago.Thereportedrevenuerepresentsasurpriseof2.242.74 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 ...