Basic Materials

Albemarle (NYSE:ALB) Q2 Adjusted Earnings, Sales Climb; Full-Year Guidance Raised

Albemarle (NYSE:ALB) reported Q2 adjusted diluted earnings  of $7.33, up from $3.45 a year earlier. Analysts surveyed by Capital IQ expected $4.52. Sales for the quarter ended June 30 were $2.37 billion, up from $1.48 billion a year earlier. Analysts surveyed by Capital IQ expected $2.39 billion. The company said it expects full-year 2023 adjusted diluted earnings of $25.00 to $29.50, up from the previous outlook of $20.75 to $25.75. Analysts surveyed by Capital IQ expect $23.17. The company expects sales for the year of $10.4 billion to $11.5 billion, up from the previous outlook of $9.8 billion to $11.5 billion. Analysts surveyed by Capital IQ expect $10.05 billion.

Albemarle (NYSE:ALB) Q2 Adjusted Earnings, Sales Climb; Full-Year Guidance Raised Read Post »

United States Steel (NYSE:X) Q2 Adjusted Earnings, Sales Fall

United States Steel (NYSE:X) reported Q2 adjusted earnings  of $1.92 per diluted share, down from $3.89 per share a year earlier. Analysts polled by Capital IQ expected adjusted EPS of $1.77. Net sales for the quarter ended June 30 were $5.01 billion, compared with $6.29 billion a year earlier. Analysts surveyed by Capital IQ expected $4.94 billion. Separately, the company declared a quarterly dividend of $0.05 per share, unchanged from the prior quarter’s dividend. The latest dividend is payable on Sept. 7 to stockholders of record on Aug. 7.

United States Steel (NYSE:X) Q2 Adjusted Earnings, Sales Fall Read Post »

Linde (NYSE:LIN) Q3 Guidance Issued, 2023 Earnings Outlook Lifted

Linde (NYSE:LIN) For Q3, the industrial gas and engineering company said it expects adjusted earnings of $3.48 to $3.58 per diluted share. Analysts polled by Capital IQ expect $3.51. For full-year fiscal 2023, Linde said it now expects adjusted earnings of $13.80 to $14 per diluted share, up from its prior guidance of $13.45 to $13.85. Analysts surveyed by Capital IQ expect $13.75.

Linde (NYSE:LIN) Q3 Guidance Issued, 2023 Earnings Outlook Lifted Read Post »

Scroll to Top