Albemarle Earnings Preview: Can This Streak Continue?

Albemarle (NYSE:ALB) will report earnings after markets close on Wednesday, April 17th. Albemarle Corporation produces specialty and fine chemicals. The Company’s chemicals are additives to or intermediates for plastics, polymers and elastomers, cleaning products, agricultural compounds, pharmaceuticals, photographic chemicals, drilling compounds, and biocides. Albemarle produces the majority of its products in the United States.

Here is your Cheat Sheet to Albemarle Earnings:

Earnings Expectations: Analysts expect earnings of $1.03 per share on revenues of $684.07 million. Currently, the company’s P/E ratio stands at 17.94.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.33 to a profit $1.22. For the current year, the average estimate is a profit of $5.02, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Albemarle has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 2,467 2,005 2,363 2,869 2,745
Diluted EPS ($) 2.09 1.94 3.43 4.28 3.47

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 707.39 711.70 684.89 661.23 687.60
Diluted EPS ($) 0.62 1.20 0.42 1.10 0.75

Past Performance:
Albemarle has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]