Albemarle misses first quarter profit estimates-February 2024-www.financetom.com

Albemarle misses first quarter profit estimates

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Albemarle misses first quarter profit estimates

May 1, 2024 1:52 PM

May 1 (Reuters) - Albemarle, the world's largest

producer of lithium for electric vehicle batteries, on Wednesday

missed first quarter profit estimates on lower prices.

The company reported an adjusted profit of 26 cents per

share for the quarter ended March. 31, compared with analysts'

average estimate of 27 cents per share, according to LSEG data.

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