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Albemarle Reports Double-Digit Earnings and Revenue Growth

Peter Neil
Albemarle Reports Double-Digit Earnings and Revenue Growth

Albemarle (ALB) reported strong 1Q18 earnings on May 9. The company reported an adjusted EPS (earnings per share) of $1.30—an increase of 23.8% on a YoY (year-over-year) basis. Albemarle’s earnings were influenced by strong revenue growth, better operating efficiency, and improved cost control.