FX.co ★ Albemarle Corporation Q2 Earnings Summary

Albemarle Corporation (ALB) has released its earnings highlights for the second quarter:

- **Earnings:** The company reported a loss of $188.198 million for Q2, a significant decline compared to last year's earnings of $650.043 million for the same period.

- **Earnings Per Share (EPS):** The EPS dropped to -$1.96 in Q2, down from $5.52 in the corresponding period last year. When excluding specific items, the adjusted earnings for Albemarle Corporation stood at $4.276 million or $0.04 per share.

- **Revenue:** Revenue for the quarter was $1.430 billion, compared to $2.370 billion in the same quarter of the previous year.