Albemarle swings to quarterly profit

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.
Albemarle Swings to 4Q Profit, Will Cut Costs in 2025 Amid Falling Lithium Prices
Albemarle will cut costs in 2025 as it continues to deal with the drop in lithium prices, a critical mineral in the electric-vehicle industry.
Albemarle swings to Q4 profit, plans more cost cuts in 2025 amid lithium price weakness
Albemarle (NYSE:ALB) +1.9% pre-market Thursday after swinging to a Q4 GAAP profit as cost cuts helped offset low lithium prices, but adjusted results missed analyst expectations. Q4 profit totaled $75.
Albemarle swings to quarterly profit as cost cuts offset lithium price drop
Albemarle, the world's largest producer of lithium, said on Wednesday it swung to a quarterly profit as cost cuts helped offset plunging prices for the metal used to make electric vehicle batteries. The company posted a profit for the fourth quarter ended December 31 of $33.
Albemarle's Q4 Earnings and Sales Miss Estimates on Lower Pricing
Albemarle Corporation (ALB) logged earnings of 29 cents per share in the fourth quarter of 2024. In the year-ago quarter, the company had reported a loss of $5.26 per share. Barring one-time items, adjusted loss for the reported quarter came in at $1.
Albemarle Corporation (ALB) Stock Forecasts
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That funky, ‘rotten egg’ smell overwhelming Kings Mountain? It’s from Albemarle Corp.
Kings Mountain stinks. Literally. There’s been a lingering stench in the air in Kings Mountain for weeks now, blamed on ...
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Is Albemarle Corporation (ALB) the Biggest Lithium Stock to Buy According to Hedge Funds?
We recently compiled a list of the 12 Biggest Lithium Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Albemarle Corporation (NYSE:ALB) stands against ...
Retirement Systems of Alabama Has $2.19 Million Stake in Albemarle Co. (NYSE:ALB)
Retirement Systems of Alabama decreased its stake in Albemarle Co. (NYSE:ALB – Free Report) by 2.5% during the 4th quarter, ...
Albemarle projects break-even free cash flow in 2025 with reduced CAPEX and cost improvements
Q4 2024 Management View CEO Kent Masters highlighted that Albemarle achieved net sales of $1.2 billion and an adjusted EBITDA of $251 million in Q4 2024, with year-over-year EBITDA improvements across ...