Albany International Corp reports results for the quarter ended June 30 - Earnings Summary
Albany International Corp reports results for the quarter ended June 30 - Earnings Summary
Albany International Corp AIN.N reported quarterly adjusted earnings of 82 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 57 cents. The mean expectation of three analysts for the quarter was for earnings of 74 cents per share. Wall Street expected results to range from 70 cents to 80 cents per share.
Revenue rose 5.8% to $329.48 million from a year ago; analysts expected $340.10 million.
Albany International Corp's reported EPS for the quarter was 61 cents.
The company reported quarterly net income of $17.41 million.
Albany International Corp shares had risen by 0.8% this quarter and gained 48.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 16.9% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is "buy."
Wall Street's median 12-month price target for Albany International Corp is $61.00, about 23.1% below its last closing price of $75.12
This summary was machine generated from LSEG data August 4 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.74 | 0.82 | Beat |
Mar. 31 2026 | 0.52 | 0.60 | Beat |
Dec. 31 2025 | 0.70 | 0.65 | Missed |
Sep. 30 2025 | 0.73 | 0.71 | Missed |
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