Albemarle (ALB) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Albemarle Corporation (NYSE:ALB ) Q1 2025 - Earnings Conference Call May 1, 2025 8:00 AM ET Company Participants Meredith Bandy - VP, IR and Sustainability Kent Masters - Chairman and CEO Neal Sheorey - EVP and CFO Eric Norris - EVP and CCO Conference Call Participants Rock Hoffman - Bank of America John Roberts - Mizuho Securities Colin Rusch - Oppenheimer Aleksey Yefremov - KeyBanc Chris Perrella - UBS Joel Jackson - BMO Vincent Andrews - Morgan Stanley David Deckelbaum - TD Cowen Arun Viswanathan - RBC Pete Osterland - Truist Andres Castanos - Berenberg Operator Hello, and welcome to Albemarle Corporation's Q1 2025 Earnings Call. I will now hand it over to Meredith Bandy, Vice President of Investor Relations and Sustainability.
Lower prices in the Energy Storage segment hurt ALB's top line in the first quarter, offsetting higher volumes in Specialties.
Although the revenue and EPS for Albemarle (ALB) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Albemarle (ALB) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.62. This compares to earnings of $0.26 per share a year ago.
Albemarle's stock price decline offers a unique opportunity to invest in the EV trend at pre-boom levels, driven by a steep drop in lithium prices. Albemarle's long-term fundamentals remain strong, with potential upside from spending cuts and a future rebound in lithium prices. The steep drop in lithium prices since late 2022 was triggered by the perception that the global EV market is stagnating. Factors such as crude oil scarcity may revive lithium demand.
ALB is likely to have benefited from its cost and productivity actions in the first quarter amid headwinds from softer lithium market prices.
Evaluate the expected performance of Albemarle (ALB) for the quarter ended March 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Albemarle (ALB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Albemarle (ALB) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The stock market's sentiment gauge is no different from any other pendulum, which occasionally causes swings in either overly bullish or overly bearish sentiment.
The latest trading day saw Albemarle (ALB) settling at $57.39, representing a +1.27% change from its previous close.