Get ready to discover the eagerly anticipated third quarter financial results of Albemarle Corporation (NYSE: ALB) on Wednesday 6th November 2024. This significant announcement is scheduled to take place after market close, giving investors and analysts a chance to gain valuable insights into the company's financial performance.
The financial experts on Wall Street are predicting that the organization will likely report an estimated $0.44 loss per share for the third quarter. Additionally, it is anticipated that the company will reveal a $1.37 billion revenue during the quarter.
The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $2.74. This was a direct result of the company's total revenue, which amounted to an impressive $2.31 billion during that specific period.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $5.55 billion. Furthermore, they expect the business to achieve loss of $0.2 per share during the fiscal year.
ALB has scheduled a conference call on 7th November 2024 at 08:00 AM eastern time to discuss the third quarter financial results and other related information.
Albemarle Corporation (ALB) closed Friday's regular trading session at $98.24, demonstrating a 3.71 percent gain. The stock fluctuated between $94.38 and $99.40 during the day, with a volume of 2.42 million shares.
