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Stock impact report

Albemarle (ALB) Stock Drops Despite Market Gains: Important Facts to Note [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
The stock trailed the S&P 500, which registered a daily gain of 1.09%. Meanwhile, the Dow experienced a rise of 1.18%, and the technology-dominated Nasdaq saw an increase of 1.03%. Shares of the specialty chemicals company have depreciated by 18.41% over the course of the past month, underperforming the Basic Materials sector's loss of 8.81% and the S&P 500's loss of 0.71%. Market participants will be closely following the financial results of Albemarle in its upcoming release. The company is forecasted to report an EPS of -$0.36, showcasing a 119.46% downward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $1.4 billion, indicating a 40.44% downward movement from the same quarter last year. For the full year, the Zacks Consensus Estimates project earnings of -$1.49 per share and a revenue of $5.47 billion, demonstrating changes of -106.7% and -43.16%, respectively, from the preceding year. Any Show less Read more
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