Home Markets Earnings Estimate Forecast on Albemarle Corporation(ALB)

Earnings Estimate Forecast on Albemarle Corporation(ALB)


Albemarle Corporation(ALB): For the most recent quarter end, Albemarle Corporation reported Annual Earnings of $0.91. Based on the filings, last years Annual Earnings was, $4.23. For the most recent quarter end, ALB reported a surprise Earnings per Share of 12.35% . The consensus estimate for current quarter is $0.75 and for the current fiscal year, the estimate is $3.52. For the Next fiscal year, the estimate is $4 based on the consensus. Charlotte based Albemarle Corporation Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Feb 27, 2017.

Albemarle Corporation has received $0.75 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 10 Financial Advisor in the Stock Trading Firms. Among 10 Analysts, Bottom line EPS Estimate for the current quarter is $0.68 while the top line estimate is $0.84 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -41.78%. Albemarle Corporation reported better than expected with a surprise EPS of 12.35% or $0.1 during its most recent quarterly earnings. The Actual EPS was $0.91 compared to the Estimated EPS of $0.81. According to the corporate earnings calendar, Albemarle Corporation will release next earnings on Feb 27, 2017 with an estimated EPS consensus of $0.75. Based on the consensus of stock financial advisors the stock has a price target of $92.27. Current year estimate on EPS consensus is $3.52. The Estimated EPS rate for Long term growth is $10.

Albemarle Corporation has a Price to Earnings ratio of 21.26 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 3.05. For the Most Recent Fiscal Year, Albemarle Corporation has a price to cash ratio of 14.37. For the Trailing twelve month period, company showed a Net Profit Margin of 6.92% and Return on Equity of the stock is 14.38%.

Albemarle Corporation last declared its Dividend on Dec 13, 2016. For Dividend Investing Stock Market Traders Albemarle Corporation has a Dividend Yield of 1.3% with an Annual Dividend of $1.22. It has a Payout Ratio of 0.28 and the change in Dividend payout ratio is 0.04.

Albemarle Corporation Last issued its quarterly earnings results on Nov 7, 2016. The company reported $0.91 EPS for the quarter, beating the analyst consensus estimate by $ 0.10. Analyst had a consensus of $0.81. The company had revenue of $654.01 million for the quarter, compared to analysts expectations of $645.84 million. The companys revenue was down -5.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.90 EPS.

Company has reported several Insider transactions to the SEC, on Jan 10, 2017, Luther C Iv Kissam (Chairman, President & CEO) sold 2,542 shares at 90.46 per share price.On Jan 10, 2017, Karen G Narwold (EVP, Chief Admin Officer) sold 392 shares at 90.59 per share price.On Jan 10, 2017, Scott Tozier (EVP & CFO) sold 1,057 shares at 90.62 per share price.

Albemarle Corporation (NYSE:ALB) witnessed a decline in the market cap on Wednesday as its shares dropped 1.43% or 1.34 points. After the session commenced at $93.41, the stock reached the higher end at $93.65 while it hit a low of $92.38. With the volume soaring to 652,884 shares, the last trade was called at $92.44. The company has a 52-week high of $95.89. The company has a market cap of $10,397 million and there are 112,475,939 shares in outstanding. The 52-week low of the share price is $51.03.

Albemarle Corporation is a major producer of fine and performance chemicals including polymer intermediates, cleaning product intermediates and additives, agricultural chemical intermediates, pharmaceutical intermediates, catalysts, brominated flame retardants, bromine chemicals and potassium and chlorine chemicals.



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