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New Strong Sell Stocks for October 9th
ZACKS· 2024-10-09 11:41
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:ArcelorMittal (MT) is the world’s leading steel and mining company. The Zacks Consensus Estimate for its current year earnings has been revised 12.7% downward over the last 60 days.Albany International (AIN) is a global advanced textiles and materials processing company. The Zacks Consensus Estimate for its current year earnings has been revised almost 8.2% downward over the last 60 days.AAR (AIR) is a provider of various products and ...
Albany International(AIN) - 2024 Q2 - Earnings Call Transcript
2024-08-08 01:03
Albany International Corp. (NYSE:AIN) Q2 2024 Results Conference Call August 7, 2024 9:00 AM ET Company Participants JC Chetnani - VP, IR Gunnar Kleveland - President & CEO Rob Starr - CFO & Treasurer Conference Call Participants Peter Arment - Baird Pete Skibitski - Alembic Global Jordan Lyonnais - Bank of America Jack Ayers - TD Cowen Michael Ciarmoli - Truist Securities Operator Ladies and gentlemen, thank you for standing by. At this time, I would like to welcome everyone to Albany International Corp. S ...
Compared to Estimates, Albany International (AIN) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-08-07 00:31
Albany International (AIN) reported $331.99 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 21.1%. EPS of $0.89 for the same period compares to $0.90 a year ago. The reported revenue represents a surprise of +4.44% over the Zacks Consensus Estimate of $317.9 million. With the consensus EPS estimate being $0.89, the company has not delivered EPS surprise. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how t ...
Albany International (AIN) Meets Q2 Earnings Estimates
ZACKS· 2024-08-06 23:57
Albany International (AIN) came out with quarterly earnings of $0.89 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.90 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this textile and composite maker would post earnings of $0.87 per share when it actually produced earnings of $0.90, delivering a surprise of 3.45%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Albany ...
Albany International(AIN) - 2024 Q2 - Quarterly Report
2024-08-06 20:34
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2024 (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) 216 Airport Drive, Rochester, New Hampshire (Address of principal executive offices) 14-0462060 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIE ...
Albany International(AIN) - 2024 Q2 - Quarterly Results
2024-08-06 20:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report: August 6, 2024 (Date of earliest event reported ...
Gabelli Funds to Host 30th Annual Aerospace & Defense Symposium at The Harvard Club, New York City Thursday, September 5, 2024
Newsfilter· 2024-07-30 20:00
RYE, N.Y., July 30, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with managem ...
Albany International(AIN) - 2024 Q1 - Earnings Call Transcript
2024-04-30 19:55
Albany International Corp. (NYSE:AIN) Q1 2024 Earnings Conference Call April 30, 2024 9:00 AM ET Company Participants JC Chetnani - VP, IR Gunnar Kleveland - President & CEO Robert Starr - CFO & Treasurer Conference Call Participants Peter Arment - Baird Michael Ciarmoli - Truist Securities. Jordan Lyonnais - Bank of America Jack Ayers - TD Cowen Chigusa Katoku - J.P. Morgan Peter Skibitski - Alembic Global Operator Good day, and thank you for standing by. Welcome to the Albany International First Quarter 2 ...
Albany International(AIN) - 2024 Q1 - Quarterly Report
2024-04-29 20:26
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number: 1-10026 ALBANY INTERNATIONAL CORP. (Exact name of registrant as specified in its charter) Delaware (State or other juri ...
Albany International(AIN) - 2024 Q1 - Quarterly Results
2024-04-29 20:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report: April 29, 2024 (Date of earliest event reported) ALBANY INTERNATIONAL CORP. (Exact name of registrant as specified in its charter) | Delaware | 1-10026 | 14-0462060 | | --- | --- | --- | | (State or other jurisdiction | (Commission | (I.R.S Employer | | of incorporation) | File Number) | Identification No.) | | 216 Airport Driv ...