Albany International Q4 revenue beats expectations

Albany International

24/02/2026 12:11

Overview

Materials science firm's Q4 revenue rose, beating analyst expectations

Adjusted EPS for Q4 missed analyst expectations

Company repurchased $16.8 mln in shares during Q4

Outlook

Company expects Q1 2026 revenue between $275 mln and $285 mln

Machine Clothing revenue projected between $160 mln and $165 mln for Q1 2026

Engineered Composite revenue expected between $115 mln and $120 mln for Q1 2026

Company forecasts Q1 2026 adjusted EPS between $0.50 and $0.60

Company anticipates Q1 2026 effective tax rate of 27.0%

Result Drivers

ENGINEERED COMPOSITES - Strong sales in commercial and defense programs drove revenue growth in the Engineered Composites segment

MACHINE CLOTHING CHALLENGES - Revenue decline in Machine Clothing segment due to overcapacity in Asian markets

Company press release: ID:nBwb4GglJa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$321.21 mln
$292.32 mln (4 Analysts)
Q4 Adjusted EPS
Miss
$0.65
$0.70 (4 Analysts)
Q4 EPS
$0.49
Q4 Net Income
$14 mln
Q4 Gross Profit
$99.87 mln
Q4 Operating Income
$29.87 mln
Q4 Pretax Profit
$23.06 mln


Analyst Coverage

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 $55.00, about 5.1% below its February 23 closing price of $57.96

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 17 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)