Albemarle (ALB) Reports Q1 Earnings: What Key Metrics Have to Say
ALBAlbemarle(ALB) Zacks Investment Research·2024-05-02 07:01

Albemarle (ALB) reported 1.36billioninrevenueforthequarterendedMarch2024,representingayearoveryeardeclineof47.31.36 billion in revenue for the quarter ended March 2024, representing a year-over- year decline of 47.3%. EPS of 0.26 for the same period compares to 10.32ayearago.Thereportedrevenuerepresentsasurpriseof+3.9110.32 a year ago. The reported revenue represents a surprise of +3.91% over the Zacks Consensus Estimate of 1.31 billion. With the consensus EPS estimate being $0.35, the EPS surprise was -25.71%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...