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Albany International Q1 2024 Earnings Report

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$81.36 +0.05 (+0.06%)
As of 01/17/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Albany International EPS Results

Actual EPS
$0.90
Consensus EPS
$0.87
Beat/Miss
Beat by +$0.03
One Year Ago EPS
$0.91

Albany International Revenue Results

Actual Revenue
$313.33 million
Expected Revenue
$313.41 million
Beat/Miss
Missed by -$80.00 thousand
YoY Revenue Growth
+16.40%

Albany International Announcement Details

Quarter
Q1 2024
Time
After Market Closes

Conference Call Resources

Conference Call Audio

Albany International Earnings Headlines

Albany International (NYSE:AIN) Lowered to "Hold" Rating by StockNews.com
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Albany International price target lowered to $74 from $75 at JPMorgan
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About Albany International

Albany International (NYSE:AIN), together with its subsidiaries, engages in the machine clothing and engineered composites businesses. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, towels, pulps, nonwovens, building products, tannery, and textiles, as well as fiber cement and several other industrial applications. This segment offers paper machine clothing forming, pressing, and drying fabrics, as well as engineered processing belts; and engineered fabrics. The AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft. It operates in the United States, Switzerland, France, Brazil, China, Mexico, Germany, and internationally. The company was incorporated in 1895 and is headquartered in Rochester, New Hampshire.

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