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Albemarle Corp Lowers FY 2013 EPS Guidance-Conference Call

Monday, 22 Apr 2013 09:00am EDT 

Albemarle Corp announced that for fiscal 2013, The weaker yen and the Company's current assumptions regarding the average US dollar to yen exchange rate for 2013 created a headwind of approximately $17 million-$20 million. That change alone modifies the Company's annual earnings growth expectation to a range of negative 4% to up 3%. The Company reported revenue of $4.85 in fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $4.73 for fiscal 2013. 

Company Quote

-1.34 -2.36%
4 Mar 2015