Cost cuts help Albemarle's results offset low lithium prices
Albemarle , the world's largest producer of lithium, swung to a quarterly profit as cost cuts helped offset low prices of the electric vehicle battery metal, but adjusted results reported on Wednesday fell short of analysts' expectations.
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Albemarle's Earnings Are In-Is the Stock a Buy Now?Investors are typically – and justifiably – careful about investing in any given stock around the company’s earnings season ...
KeyBanc lowered the firm’s price target on Albemarle (ALB) to $122 from $127 and keeps an Overweight rating on the shares. The firm views ...
is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for the trailing 12 month period. Earnings Per Share (TTM ...
While management's discussion of business conditions on theearnings callwill mostly determine the sustainability of the immediate price ... that Albemarle would post a loss of $0.31 per share ...
Pre-earnings options volume in Albemarle (ALB) is 1.3x normal with calls leading puts 10:7. Implied volatility suggests the market is ...
This is what pushed Albemarle's recent growth and boom in share prices from 2021 to 2023 as Lithium prices went through the roof. Albemarle's mineral properties are located in safe and ...
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