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Compared to Estimates, Albemarle (ALB) Q4 Earnings: A Look at Key Metrics
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For the quarter ended December 2022, Albemarle (ALB - Free Report) reported revenue of $2.62 billion, up 193.1% over the same period last year. EPS came in at $8.62, compared to $1.01 in the year-ago quarter.
The reported revenue represents a surprise of -0.21% over the Zacks Consensus Estimate of $2.63 billion. With the consensus EPS estimate being $8.46, the EPS surprise was +1.89%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Albemarle performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net sales-Lithium: $2.07 billion versus the five-analyst average estimate of $2.03 billion. The reported number represents a year-over-year change of +410.5%.
Net sales-Catalysts: $235.55 million versus the five-analyst average estimate of $218.34 million. The reported number represents a year-over-year change of +18.3%.
Net sales- Bromine Specialties: $319.44 million versus the five-analyst average estimate of $331.66 million. The reported number represents a year-over-year change of +10%.
Adjusted EBITDA - Bromine Specialties: $85.04 million compared to the $91.28 million average estimate based on five analysts.
Adjusted EBITDA- Catalysts: -$2.61 million versus $15.55 million estimated by five analysts on average.
Adjusted EBITDA - Corporate: -$26.28 million versus the five-analyst average estimate of -$39.93 million.
Adjusted EBITDA - Lithium: $1.19 billion versus the five-analyst average estimate of $1.11 billion.
Shares of Albemarle have returned +11.4% over the past month versus the Zacks S&P 500 composite's +3.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, Albemarle (ALB) Q4 Earnings: A Look at Key Metrics
For the quarter ended December 2022, Albemarle (ALB - Free Report) reported revenue of $2.62 billion, up 193.1% over the same period last year. EPS came in at $8.62, compared to $1.01 in the year-ago quarter.
The reported revenue represents a surprise of -0.21% over the Zacks Consensus Estimate of $2.63 billion. With the consensus EPS estimate being $8.46, the EPS surprise was +1.89%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Albemarle performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Albemarle here>>>
Shares of Albemarle have returned +11.4% over the past month versus the Zacks S&P 500 composite's +3.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.