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Stock impact report

Why the Market Dipped But Albemarle (ALB) Gained Today [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 outperformed the S&P 500, which registered a daily loss of 0.31%. Elsewhere, the Dow gained 0.67%, while the tech-heavy Nasdaq lost 1.09%. Prior to today's trading, shares of the specialty chemicals company had lost 25.81% over the past month. This has lagged the Basic Materials sector's loss of 6.38% and the S&P 500's gain of 2.73% in that time. The investment community will be closely monitoring the performance of Albemarle in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $0.75, reflecting an 89.77% decrease from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $1.41 billion, indicating a 40.35% decline compared to the corresponding quarter of the prior year. For the full year, the Zacks Consensus Estimates project earnings of $2.49 per share and a revenue of $5.85 billion, demonstrating changes of -88.81% and -39.2%, respectively, from the preceding year. Investors Show less Read more
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