Albemarle (NYSE: ALB) faced high expectations heading into its Q2 2026 earnings report. The stock was down over 30% from its 52-week high in June. ALB is also down over 50% from its all-time high in 2022. It hasn’t been an easy stock to hold, but the company’s earnings report illustrated why that’s a good strategy.
To sum it up, Albemarle’s adjusted earnings per share (EPS) were up over 3,300% year over year (YOY). That’s not a typo. The company generated adjusted EPS of $3.75, massively higher than the 11 cents per share from the prior year.