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Stock impact report

Albemarle Corp (ALB) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ... [Yahoo! Finance]

Albemarle Corporation (ALB) 
Last albemarle corporation earnings: 2/19 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.albemarle.com
Company Research Source: Yahoo! Finance
Diluted Loss Per Share: $9.45; Adjusted diluted loss per share: $1.55. Adjusted EBITDA: $211 million, lower than the prior year period. Available Liquidity: $3.4 billion, including $1.7 billion in cash and cash equivalents. Net Debt to Adjusted EBITDA: 3.5 times. Operating Cash Flow Conversion: Greater than 100% in the third quarter. Full Year 2024 Net Sales Outlook: Expected near the lower end of the $12 to $15 per kilogram scenario. Full Year 2024 Adjusted EBITDA Outlook: Expected in the middle of the scenario range. Energy Storage Volume Growth: Expected to be more than 20% year-over-year. Cost and Productivity Improvements Target: $300 million to $400 million. Capital Expenditure Reduction: At least $800 million reduction in full year 2025. Warning! GuruFocus has detected 6 Warning Signs with ALB. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Albemarle Corp ( NYSE:ALB ) Show less Read more
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