Albemarle Q4 Adjusted Loss Narrows, Net Sales Decrease

MT Newswires Live
02-13

Albemarle (ALB) reported a Q4 adjusted loss Wednesday of $1.09 per diluted share, narrowing from the loss of $5.19 a year earlier.

Analysts polled by FactSet expected a loss of $0.69.

Net sales in the three months ended Dec. 31 fell to $1.23 billion from $2.36 billion a year earlier.

Analysts surveyed by FactSet expected $1.33 billion.

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