Albany International Reports Second-Quarter 2020 Results

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Albany International (AIN) Tops Q2 EPS by 42c, Offers FY Guidance

July 29, 2020 5:44 PM EDT

Albany International (NYSE: AIN) reported Q2 EPS of $1.09, $0.42 better than the analyst estimate of $0.67. Revenue for the quarter came in at $226 million versus the consensus estimate of $218 million.

GUIDANCE:

Albany International sees FY2020 EPS of $2.85-$3.10, versus the consensus of $2.84.... More