Albemarle Reports Net Sales Increase of 60% for Second Quarter 2023

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Albemarle (ALB) Tops Q2 EPS by $2.60; Offers FY23 Guidance

August 2, 2023 4:19 PM EDT

Albemarle (NYSE: ALB) reported Q2 EPS of $7.33, $2.60 better than the analyst estimate of $4.73. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.39 billion.

GUIDANCE:

Albemarle sees FY2023 EPS of $25.00-$29.50, versus the consensus of $23.31. Albemarle sees... More