Albemarle reports Q1 adjusted EPS (18c), consensus (66c)

Reports Q1 revenue $1.1B, consensus $1.16B. “Our business continues to perform in line with our outlook considerations, including first-quarter adjusted EBITDA of $267 million with strong year-over-year improvements in Specialties and Ketjen,” said Kent Masters, Chairman and CEO. “We continue to focus on what we can control – taking decisive actions to reduce costs, optimize our lithium conversion network and increase efficiencies to preserve our long-term competitive position. While the full economic impact of the recently announced tariffs and other global trade actions is unclear, we benefit from our global footprint and the current exemptions for critical minerals; as a result, we are maintaining our full year 2025 outlook considerations.”