Albemarle Reports Q4 Earnings Beat Despite Lithium Pricing Challenges

Albemarle (ALB) exceeded Q4 earnings and revenue expectations, with earnings of $1.85 per share and revenues of $2.36 billion, beating estimates. However, the stock has underperformed the market, and its earnings outlook is currently unfavorable, leading to a Zacks Rank #5 (Strong Sell). The chemical industry's outlook also impacts the stock's performance, with the industry currently ranked in the bottom 8% by Zacks. Huntsman (HUN) is yet to report its results, with an expected quarterly loss and decreased revenue.