Albemarle Corporation

ALB

US0126531013

Specialty Chemicals

Market Closed - Nyse Other stock markets 21:00:28 16/05/2024 BST			5-day change	1st Jan Change
129.2 ^USD	+1.27%		-3.26%	-10.58%

05-16	Chile to open calls for preferential pricing on lithium in second half of 2024	RE
05-16	Albemarle Secures Option to Double Chile Lithium Mining Production Quota	MT

Albemarle Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024

May 01, 2024 at 09:15 pm

Albemarle Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 1,360.74 million compared to USD 2,580.25 million a year ago. Net income was USD 2.45 million compared to USD 1,238.58 million a year ago.

Latest news about Albemarle Corporation

Chile to open calls for preferential pricing on lithium in second half of 2024	05-16	RE
Albemarle Secures Option to Double Chile Lithium Mining Production Quota	05-16	MT
This bodes well for rate cuts	05-15
ANALYST RECOMMENDATIONS : Accenture, Garmin, 3M Company, Walmart, Centrica...	05-15
US companies with highest exposure to China	05-14	RE
Citigroup Adjusts Albemarle Price Target to $137 From $135, Keeps Neutral Rating	05-09	MT
Armstrong World Industries, Inc. : There's a whole history between the roof and the walls	05-09
Albemarle Signs Deal to Deliver Kings Mountain Mine's Limestone Byproduct to Martin Marietta Materials	05-08	MT
Albemarle Corporation and Martin Marietta Materials, Inc. Sign Innovative Agreement for Benefit of Material from Kings Mountain Mine	05-08	CI
Albemarle Keeps Quarterly Dividend at $0.40 a Share, Payable July 1 to Shareholders of Record June 14	05-07	MT
Deutsche Bank Adjusts Price Target on Albemarle to $140 From $125	05-07	MT
The market resurrects the Fed Put	05-06
Scotiabank Adjusts Price Target on Albemarle to $150 From $160	05-06	MT
RBC Raises Price Target on Albemarle to $157 From $138 on 'Strong' Q1, Expected Second-Half Volume Growth From Project Ramps; Outperform Kept	05-06	MT
Certain Stock Options of Albemarle Corporation are subject to a Lock-Up Agreement Ending on 5-MAY-2024.	05-04	CI
Certain Common Stock of Albemarle Corporation are subject to a Lock-Up Agreement Ending on 5-MAY-2024.	05-04	CI
Certain Restricted Stock Units of Albemarle Corporation are subject to a Lock-Up Agreement Ending on 5-MAY-2024.	05-04	CI
Albemarle Pushes Back Reopen Date For North Carolina Lithium Mine	05-03	MT
Albemarle Pushes Back Reopen Date of North Carolina Lithium Mine, CEO Reportedly Says	05-03	MT
Global markets live: Etsy, Qualcomm, Carvana, Rio Tinto, Apple...	05-02
UBS Adjusts Price Target on Albemarle to $132 From $135, Maintains Neutral Rating	05-02	MT
Mizuho Adjusts Price Target on Albemarle to $128 From $112	05-02	MT
Transcript : Albemarle Corporation, Q1 2024 Earnings Call, May 02, 2024	05-02
Powell did it again	05-02
Albemarle Q1 Adjusted EPS, Sales Decline; 2024 Sales Outlook Set	05-01	MT

Chart Albemarle Corporation

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Company Profile

Albemarle Corporation is one of the world's leading manufacturers of specialty chemicals. The group's products are aimed primarily at the petroleum refining, energy storage, consumer electronics, construction, crop protection, automotive, food safety and pharmaceuticals industries. Net sales break down by family of products as follows: - lithium and polymer solutions (73.6%); - bromine (15.4%); - catalysts (11%). Exports account for 90.3% of net sales.

Sector

Specialty Chemicals

Calendar

30/07/2024 - Q2 2024 Earnings Release (Projected)

Related indices

S&P 500

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Income Statement Evolution

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Ratings for Albemarle Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

129.2 USD

Average target price

154.4 USD

Spread / Average Target

+19.48%

Consensus

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Quarterly earnings - Rate of surprise

Company calendar

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