This is our first report on Albemarle Corporation, one of the largest producers of lithium, bromine, and other related specialty chemicals across the globe. The company had a mixed quarterly result and failed to meet the revenue expectations of Wall Street but managed an earnings beat. It continues to benefit from the demand for lithium-ion batteries that are driven by the energy transition. The strong performance for its lithium segment was driven by higher volumes and higher realized pricing. ....
24 Dec 2022
Albemarle Corporation: Initiation of Coverage – Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (12/22)
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Albemarle Corporation: Initiation of Coverage – Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (12/22)
- Published:
24 Dec 2022 -
Author:
Ishan Majumdar -
Pages:
27
This is our first report on Albemarle Corporation, one of the largest producers of lithium, bromine, and other related specialty chemicals across the globe. The company had a mixed quarterly result and failed to meet the revenue expectations of Wall Street but managed an earnings beat. It continues to benefit from the demand for lithium-ion batteries that are driven by the energy transition. The strong performance for its lithium segment was driven by higher volumes and higher realized pricing. ....