The more things change, the more things stay the same for Albemarle Corp. (NYSE: ALB) stock. That may not be much comfort for investors as the stock is down about 3% the morning after earnings. But the long-term outlook for Albemarle remains bullish, while the short-term outlook is likely to be choppy.
In its fourth-quarter earnings report, Albemarle generated $1.43 billion in revenue. That beat analyst forecasts of $1.34 billion, continuing a trend that’s been in place for several quarters. More importantly, revenue rose from $1.23 billion a year ago, marking a return to year-over-year growth after four consecutive quarters of declines.
