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Stock impact report

Albemarle (ALB) to Report Q1 Earnings: What's in the Cards? [Yahoo! Finance]

Albemarle Corporation (ALB) 
Last albemarle corporation earnings: 2/19 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.albemarle.com
Company Research Source: Yahoo! Finance
The company beat the Zacks Consensus Estimate for earnings in three of the trailing four quarters while missing once. In this timeframe, it delivered an earnings surprise of 45.4%, on average. It posted an earnings surprise of roughly 86.9% in the last reported quarter. ALB is likely to have benefited from higher lithium volumes and its cost and productivity actions in the first quarter amid headwinds from softer lithium market prices. Albemarle's shares have lost 29.1% over a year compared with a 7.2% decline of the industry it belongs to. Image Source: Zacks Investment Research Let's see how things are shaping up for this announcement. What do the Estimates Say? The Zacks Consensus Estimate for revenues for Albemarle for the to-be-reported quarter stands at $1,407.6 million, reflecting a decline of around 45.5% from the year-ago quarter. The consensus estimate for net sales for the Energy Storage unit for the first quarter is pegged at $720.1 million, reflecting a seque Show less Read more
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