NYSE$ALB
Albemarle Corporation · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Reported first quarter sales growth of 36% and raised guidance.
Albemarle Corporation announced strong first quarter results with net sales of $1.13 billion, a 36% increase year-over-year. The company raised its full year 2022 guidance due to increased prices in the Lithium and Bromine businesses.
- Net sales of $1.13 billion, an increase of 36%.
- Net income of $253.4 million, or $2.15 per diluted share; Adjusted diluted EPS of $2.38, an increase of 116%.
- Adjusted EBITDA of $432 million, an increase of 88%.
- 2022 guidance revised upward on increased prices in Lithium and Bromine businesses.
Headline financials
Revenue & EPS history
Albemarle · Revenue · Quarterly
$1.13B
Revenue by segment
Albemarle · $1.13B total across 3 segments · Q1 2022
- Energy Storage$550M—48.8%
- Specialties$360M—31.9%
- Ketjen$218M—19.3%
Forward guidance
Albemarle’s outlook for 2022 has improved based on expectations of continued demand growth and tightness in the markets it serves. Net sales guidance was revised upward primarily due to continued strength in pricing in its Lithium and Bromine businesses. Adjusted EBITDA guidance is higher based on pricing expectations partially offset by inflationary cost pressures, particularly for natural gas in Europe.
Tailwinds
- Net sales are now expected to increase approximately 60-70% year-over-year.
- Adjusted EBITDA is now expected to increase approximately 100-140% year-over-year.
Headwinds
- Inflationary cost pressures, particularly for natural gas in Europe, are expected to partially offset pricing expectations.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+0.5%
Avg return
Earnings day
+1.5%
Avg return
5 days after
+1.5%
Avg return
30 days after
60%
41 / 68 earnings
Positive
+20.0%
Q1 2022
Best reaction
-18.4%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.3% | +6.4% | -19.2% | |
| Q4 2025 | -9.4% | -3.7% | -9.8% | |
| Q3 2025 | -0.3% | +13.0% | +36.1% | |
| Q1 2025 | +1.3% | -1.8% | -4.8% | |
| Q4 2024 | +3.5% | +9.1% | -1.8% | |
| Q3 2024 | +0.2% | +10.7% | +5.2% | |
| Q2 2024 | +0.7% | -9.7% | -2.4% | |
| Q1 2024 | +4.1% | +8.7% | +1.9% | |
| Q4 2023 | +4.7% | +9.3% | +8.9% | |
| Q3 2023 | -1.7% | -5.8% | -0.5% | |
| Q2 2023 | -4.2% | -5.4% | -3.7% | |
| Q1 2023 | +1.3% | +7.2% | +20.2% | |
| Q4 2022 | +5.5% | -4.7% | -23.0% | |
| Q3 2022 | -1.6% | +2.7% | +1.9% | |
| Q2 2022 | -3.7% | +0.4% | +6.6% | |
| Q1 2022 | +20.0% | +12.4% | +27.2% | |
| Q4 2021 | -18.4% | -21.0% | -17.9% | |
| Q3 2021 | +4.9% | +7.1% | -3.3% | |
| Q2 2021 | +5.6% | +11.8% | +16.9% | |
| Q1 2021 | -5.7% | -1.6% | +7.1% | |
| Q4 2020 | -12.8% | -3.5% | -6.6% | |
| Q3 2020 | +8.1% | +19.6% | +42.6% | |
| Q2 2020 | -2.3% | +2.2% | +11.0% | |
| Q1 2020 | +2.2% | +10.2% | +44.2% | |
| Q4 2019 | +6.3% | +1.0% | -39.7% | |
| Q3 2019 | +6.0% | +0.5% | -4.6% | |
| Q2 2019 | +12.3% | +2.9% | -3.4% | |
| Q1 2019 | -4.3% | -9.6% | -8.9% | |
| Q4 2018 | +7.4% | +10.2% | -0.5% | |
| Q3 2018 | -1.8% | -9.0% | -17.8% | |
| Q2 2018 | +6.6% | +6.3% | +5.4% | |
| Q1 2018 | -2.3% | -1.5% | -5.3% | |
| Q4 2017 | -8.8% | -13.7% | -15.8% | |
| Q3 2017 | -1.6% | +0.2% | -8.8% | |
| Q2 2017 | -3.5% | -8.6% | -0.8% | |
| Q1 2017 | +0.3% | +1.1% | +5.3% | |
| Q4 2016 | +9.2% | +12.7% | +13.0% | |
| Q3 2016 | -0.9% | -3.7% | +6.4% | |
| Q2 2016 | -2.7% | -2.6% | -2.9% | |
| Q1 2016 | +11.0% | — | — | |
| Q4 2015 | +4.2% | — | — | |
| Q3 2015 | -9.6% | — | — | |
| Q2 2015 | -3.5% | — | — | |
| Q1 2015 | +4.7% | — | — | |
| Q4 2014 | -15.3% | — | — | |
| Q3 2014 | +0.5% | — | — | |
| Q2 2014 | -8.8% | — | — | |
| Q1 2014 | +1.6% | — | — | |
| Q4 2013 | +2.6% | — | — | |
| Q3 2013 | +5.0% | — | — | |
| Q2 2013 | -3.0% | — | — | |
| Q1 2013 | -6.3% | — | — | |
| Q4 2012 | +0.4% | — | — | |
| Q3 2012 | +3.6% | — | — | |
| Q2 2012 | -3.0% | — | — | |
| Q1 2012 | -0.6% | — | — | |
| Q4 2008 | +1.2% | — | — | |
| Q4 2011 | +1.2% | — | — | |
| Q3 2011 | +8.5% | — | — | |
| Q2 2011 | -1.1% | — | — | |
| Q1 2010 | +3.6% | — | — | |
| Q1 2011 | +1.2% | — | — | |
| Q4 2010 | +2.7% | — | — | |
| Q3 2010 | +1.5% | — | — | |
| Q3 2009 | +1.5% | — | — | |
| Q2 2010 | +1.3% | — | — | |
| Q4 2009 | +1.3% | — | — | |
| Q2 2009 | +1.3% | — | — |
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