Albemarle: Q4 Earnings Insights

Albemarle ALB reported its Q4 earnings results on Wednesday, February 16, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Albemarle beat estimated earnings by 2.02%, reporting an EPS of $1.01 versus an estimate of $0.99.

Revenue was up $15.06 million from the same period last year.

Last quarter the company beat on EPS by $0.28, which was followed by a 4.09% increase in the share price the next day.

Here's a look at Albemarle's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.77	0.83	0.8	1.10
EPS Actual	1.05	0.89	1.1	1.17
Revenue Estimate	770.38M	788.60M	757.71M	850.93M
Revenue Actual	830.57M	773.90M	829.29M	879.15M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Albemarle management provided guidance for their next quarter, expecting earnings between $5.65 and $6.65 per share for the next quarter.

This represents a 508.91% in quarter-over-quarter growth for Albemarle, a bullish signal to many investors.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar