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 Q4 profit, plans more cost cuts in 2025 amid lithium price weakness
Albemarle swings to a Q4 GAAP profit as cost cuts helped offset low lithium prices, but adjusted results missed analyst 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 Quarterly Profit as Cost Cuts Offset Lithium Price Drop
(Reuters) - 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.
Mizuho cuts Albemarle stock price target to $90 from $105
Securities adjusted its outlook on Albemarle Corporation (NYSE:ALB), a leading producer of lithium, by reducing its price target from $105.00 to $90.00, while keeping a Neutral rating on the stock. The revision follows the company's disclosure of its adjusted EBITDA for the December quarter of 2024,
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.
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