Albemarle Corp
ALB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| L%P | LOCK|!Vrw | LOCK|!bBd>b |
Albemarle Earnings: Shares Sell Off Despite Strong Profit Growth Outlook Above Consensus
Albemarle's fourth-quarter earnings reflected improving sequential lithium prices as profits were up versus the third quarter. Albemarle shares were down 7% at the time of writing on Feb. 12, as part of a broader market selloff despite management's outlook coming above FactSet consensus estimates.
