Albany International Corp reports results for the quarter ended September 30 - Earnings Summary
Albany International Corp reports results for the quarter ended September 30 - Earnings Summary
Albany International Corp AIN.N reported quarterly adjusted earnings of $1.68 per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 71 cents. The mean expectation of three analysts for the quarter was for earnings of $1.48 per share. Wall Street expected results to range from $1.47 to $1.50 per share.
Revenue rose 33.7% to $349.54 million from a year ago; analysts expected $326.12 million.
Albany International Corp's reported EPS for the quarter was $1.46.
The company reported quarterly net income of $41.7 million.
Albany International Corp shares had risen by 5.2% this quarter and gained 23.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 126% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
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 no "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 $67.00, about 6.8% above its last closing price of $62.47
This summary was machine generated from LSEG data October 29 at 12:00 a.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 |
Sep. 30 2026 | 1.48 | 1.68 | Beat |
Jun. 30 2026 | 0.74 | 0.82 | Beat |
Mar. 31 2026 | 0.52 | 0.60 | Beat |
Dec. 31 2025 | 0.70 | 0.65 | Missed |
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Albany International Corp reports results for the quarter ended September 30 - Earnings Summary
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