Albemarle's (ALB) Earnings and Revenues Beat Estimates in Q4

Albemarle Corporation (ALB) logged a loss of $617.7 million or$5.26 per share in the fourth quarter of 2023. The figure deteriorated from a profit of $1,132.4 million or$9.60 per share a year ago.Adjusted earnings in the reported quarter came in at $1.85 per share, topping the Zacks Consensus Estimate of 99 cents.Revenues fell roughly 10.1$2,356.2 million in the quarter. However, the metric beat the Zacks Consensus Estimate of $2,289.8 million. The top line was hurt by lower lithium ma ...