Albemarle Corp.

NYSE:ALB   3:59:55 PM EDT
277.59
-3.22 (-1.15%)
4:59:05 PM EDT: $277.62 +0.03 (+0.01%)
Other Pre-Announcement

Albemarle Reports Q2 Adjusted EPS Of $3.45

Published: 08/03/2022 20:27 GMT
Albemarle Corp. (ALB) - Albemarle Reports Strong Second-quarter Sales Growth, Raising Guidance.
Q2 Adjusted Earnings per Share $3.45.
Q2 Earnings per Share $3.46.
Q2 Sales Rose 91 Percent to $1.48 Billion.
Expect Significant Growth in Full-year 2022 Results Including Net Sales of $7.1 - $7.5 Billion.
Sees FY Adjusted EBITDA of $3.2 - $3.5 Billion.
Guidance for 2022 Further Revised Upward on Successful Lithium Contract Renegotiations.
Sees FY Adjusted Diluted EPS $19.25 - $22.25.
Now Expect to Be Free Cash Flow Positive in 2022.