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Albemarle (ALB)
NYSE:ALB
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.5Last Year’s EPS
0.26Same Quarter Last Year
Moderate Buy
Based on 22 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 12, 2025
|% Change Since: 7.72%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook with strong operational improvements and strategic initiatives being counterbalanced by lower sales due to lithium market challenges. While the company has made significant strides in cash flow and cost management, market dynamics continue to pose challenges.Company Guidance
During Albemarle Corporation's Q4 2024 earnings call, the company provided comprehensive guidance for the upcoming year, highlighting several key financial metrics and strategic initiatives. The company reported a net sales figure of $1.2 billion for Q4 2024, with an adjusted EBITDA of $251 million, contributing to a full-year adjusted EBITDA of $1.1 billion. Albemarle's Energy Storage segment experienced a remarkable 26% year-over-year increase in sales volumes, exceeding its initial guidance. The company emphasized its strong cash generation, with $702 million in operating cash and an operating cash conversion rate exceeding 60%. For 2025, Albemarle announced a reduction in its capital expenditure outlook by $100 million, now expecting to spend between $700 million and $800 million. This strategic move is part of Albemarle's broader initiatives to optimize its conversion network, improve cost efficiencies, reduce capital expenditure, and enhance financial flexibility. Additionally, the company explored various lithium market pricing scenarios, with assumptions ranging from $9 to $20 per kilogram, and projected improvements in cost and productivity to sustain margins despite lower lithium prices. The company signaled a path to breakeven free cash flow in 2025, driven by new capacity ramp-ups and significant cost-saving measures.Energy Storage Segment Growth
The Energy Storage segment delivered a 26% year-over-year increase in sales volumes, surpassing initial guidance of 10% to 20% growth, driven by successful project ramps and increased spodumene sales.
Cash Flow Performance
Generated $702 million in cash from operations with an operating cash conversion rate exceeding 60%, above the target of 50% and in line with the long-term objective. Expected to achieve breakeven free cash flow in 2025.
Cost and Capital Improvements
Over 50% of the $300 million to $400 million cost improvement target achieved, and 2025 capital expenditures reduced by $100 million to $700 million to $800 million, down more than 50% from 2024.
Strategic Framework and Initiatives
Announced new measures to optimize global conversion network, improve cost and efficiency, reduce capital expenditure, and enhance financial flexibility.
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ALB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ALB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 12, 2025 | $76.60 | $79.25 | +3.46% |
| Nov 06, 2024 | $96.20 | $99.54 | +3.47% |
| Jul 31, 2024 | $92.88 | $92.38 | -0.54% |
| May 01, 2024 | $117.55 | $123.78 | +5.30% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Albemarle (ALB) report earnings?
Albemarle (ALB) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Albemarle (ALB) earnings time?
Albemarle (ALB) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ALB EPS forecast?
ALB EPS forecast for the fiscal quarter 2025 (Q1) is -0.5.
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