* Q1 adj. EPS 74 cts vs Street 63 cts
* Revenue up 19.3 pct
NEW YORK, April 26 Specialty chemicals maker
Albemarle Corp (ALB.N) posted a better-than-expected
first-quarter profit on Monday as earnings jumped in its
polymer and catalyst businesses.
For the January-to-March period, the company reported net
income of $63.3 million, or 69 cents per share, compared with
$25.4 million, or 28 cents per share, in the year-ago period.
Excluding restructuring charges, the company posted profit
of 74 cents per share.
By that measure, analysts expected earnings of 63 cents per
share, according to Thomson Reuters I/B/E/S.
The Baton Rouge, Louisiana-based company said revenue rose
19.3 percent to $580.3 million. Analysts expected $553.4
million in revenue.
Shares closed Monday up 13 cents at $44.79.
(Reporting by Ernest Scheyder; editing by Carol Bishopric)