Albany International Reports Third-quarter 2019 Results

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Albany International (AIN) Tops Q3 EPS by 38c, Updates FY Guidance

October 29, 2019 5:05 PM EDT

Albany International (NYSE: AIN) reported Q3 EPS of $1.17, $0.38 better than the analyst estimate of $0.79. Revenue for the quarter came in at $271.1 million versus the consensus estimate of $268.63 million.

GUIDANCE:

Albany International sees FY2019 EPS of $3.75-$3.95, versus the consensus of $3.49.... More