Albemarle misses by $0.02, misses on revs; guides FY20 EPS & revs in-line (89.34 +0.64)
Reports Q4 (Dec) earnings of $1.73 per share, $0.02 worse than the S&P Capital IQ Consensus of $1.75; revenues rose 7.7% year/year to $992.6 mln vs the $1006.76 mln S&P Capital IQ Consensus.
Co issues in-line guidance for FY20, sees EPS of $4.80-5.10 vs. $4.96 S&P Capital IQ Consensus; sees FY20 revs of $3.48-3.53 vs. $3.53 bln S&P Capital IQ Consensus.