Benzinga | Aug 4, 2021 04:23PM EDT

Albemarle Q2 Adj. EPS $0.89 Beats $0.83 Estimate, Sales $773.90M Miss $788.60M Estimate

Albemarle (NYSE:ALB) reported quarterly earnings of $0.89 per share which beat the analyst consensus estimate of $0.83 by 7.23 percent. This is a 3.49 percent increase over earnings of $0.86 per share from the same period last year. The company reported quarterly sales of $773.90 million which missed the analyst consensus estimate of $788.60 million by 1.86 percent. This is a 1.29 percent increase over sales of $764.05 million the same period last year.