Albany International (AIN) Tops Q4 EPS by 40c, provides guidance

Albany International (NYSE: AIN) reported Q4 EPS of $1.22, $0.40 better than the analyst estimate of $0.82. Revenue for the quarter came in at $323.6 million versus the consensus estimate of $298.17 million.

GUIDANCE:

Albany International sees FY2024 EPS of $3.55-$4.05, versus the consensus of $4.14. Albany International sees FY2024 revenue of $1.26-1.33 billion, versus the consensus of $1.289 billion.
Effective income tax rate between 29% and 31%;
Capital expenditures in the range of $90 to $95 million.

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

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