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Albemarle Corporation reported its second-quarter 2025 earnings with net sales reaching $1.33 billion, surpassing estimates of $1.22 billion. The company posted an adjusted earnings per share (EPS) of $0.11, significantly above the expected loss of $0.78 per share. This performance was driven by volume growth in its Energy Storage segment, which increased by 15%, and Specialties, which grew by 6%. Albemarle also announced a reduction in its capital expenditure outlook for 2025 to between $650 million and $700 million. The company expects to maintain its full-year earnings assumptions based on a lithium price of $9 per kilogram and anticipates generating positive free cash flow in 2025. In response to a slump in lithium prices, Albemarle has implemented cost-cutting measures. Following the earnings release, Albemarle's shares rose by 6.7%.
