Albany International (NYSE: AIN) reported Q4 EPS of $0.97, $0.17 better than the analyst estimate of $0.80. Revenue for the quarter came in at $257.7 million versus the consensus estimate of $245.83 million.

GUIDANCE:

Albany International sees FY2020 EPS of $2.75-$3.15, versus the consensus of $3.87.

• Machine Clothing revenue of $570 to $590 million;
• Machine Clothing Adjusted EBITDA of between $190 and $200 million;
• Engineered Composites revenue between $400 to $420 million;
• Engineered Composites Adjusted EBITDA of $80 to $90 million;
• Total company revenue of between $970 million and $1.010 billion;
• Total company Adjusted EBITDA of $210 to $235 million;
• Effective income tax rate of 26% to 28%;
• Total company depreciation and amortization of between $75 and $80 million;
• Capital expenditures in the range of $75 to $85 million;
• GAAP Earnings per share of between $2.68 and $3.08; and
• Adjusted earnings per share between $2.75 and $3.15.

For earnings history and earnings-related data on Albany International (AIN) click here.