We Think You Can Look Beyond Albemarle's (NYSE:ALB) Lackluster Earnings
We Think You Can Look Beyond Albemarle's (NYSE:ALB) Lackluster Earnings
The market was pleased with the recent earnings report from Albemarle Corporation (NYSE:ALB), despite the profit numbers being soft. We think that investors might be looking at some positive factors beyond the earnings numbers.
儘管利潤數字疲軟,但市場對雅保公司(紐約證券交易所代碼:ALB)最近的收益報告感到滿意。我們認爲,除了收益數字外,投資者可能會考慮一些積極因素。
The Impact Of Unusual Items On Profit
不尋常物品對利潤的影響
To properly understand Albemarle's profit results, we need to consider the US$314m expense attributed to unusual items. While deductions due to unusual items are disappointing in the first instance, there is a silver lining. We looked at thousands of listed companies and found that unusual items are very often one-off in nature. And that's hardly a surprise given these line items are considered unusual. In the twelve months to March 2024, Albemarle had a big unusual items expense. As a result, we can surmise that the unusual items made its statutory profit significantly weaker than it would otherwise be.
爲了正確了解雅寶的利潤業績,我們需要考慮歸因於不尋常項目的3.14億美元支出。儘管由於不尋常項目而產生的扣除首先令人失望,但有一線希望。我們調查了數千家上市公司,發現不尋常的物品本質上往往是一次性的。鑑於這些單列項目被認爲不尋常,這並不奇怪。在截至2024年3月的十二個月中,雅寶有一筆不尋常的巨額物品支出。因此,我們可以推測,這些不尋常的物品使其法定利潤明顯低於原來的水平。
That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates.
這可能會讓你想知道分析師對未來盈利能力的預測。幸運的是,您可以單擊此處查看根據他們的估計描繪未來盈利能力的交互式圖表。
Our Take On Albemarle's Profit Performance
我們對雅寶利潤表現的看法
As we mentioned previously, the Albemarle's profit was hampered by unusual items in the last year. Because of this, we think Albemarle's underlying earnings potential is as good as, or possibly even better, than the statutory profit makes it seem! Unfortunately, though, its earnings per share actually fell back over the last year. Of course, we've only just scratched the surface when it comes to analysing its earnings; one could also consider margins, forecast growth, and return on investment, among other factors. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. While conducting our analysis, we found that Albemarle has 2 warning signs and it would be unwise to ignore them.
正如我們之前提到的,去年,雅寶的利潤因不尋常的項目而受到阻礙。因此,我們認爲雅寶的潛在盈利潛力與法定利潤看上去一樣好,甚至可能更好!但不幸的是,其每股收益實際上在去年有所回落。當然,我們只是在分析其收益時才浮出水面;人們還可以考慮利潤率、預測增長和投資回報率等因素。請記住,在分析股票時,值得注意所涉及的風險。在進行分析時,我們發現雅寶有兩個警告信號,忽略它們是不明智的。
This note has only looked at a single factor that sheds light on the nature of Albemarle's profit. But there are plenty of other ways to inform your opinion of a company. Some people consider a high return on equity to be a good sign of a quality business. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks that insiders are buying to be useful.
這份報告只研究了揭示雅寶利潤性質的單一因素。但是,還有很多其他方法可以讓你對公司的看法。有些人認爲高股本回報率是優質業務的好兆頭。雖然可能需要你進行一些研究,但你可能會發現這份免費收集的擁有高股本回報率的公司,或者這份內部人士正在購買的股票清單很有用。
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。
譯文內容由第三人軟體翻譯。