Albany International (AIN) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $1.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 77.78%. A quarter ago, it was expected that this textile and composite maker would post earnings of $0.89 per share when it actually produced earnings of $0.89, delivering no surprise. Over the last four quart ...

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: September 30, 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 ...

Exhibit 99.1 Albany International Updates Expectations for Aerospace Business and the Company's 2024 Full Year Outlook Company to Hold Conference Call Today at 8:30 a.m. ET to Discuss Update Rochester, N.H. – October 3, 2024 – Albany International Corp. (NYSE: AIN) announced today that it is providing a preliminary update to its full year outlook largely to reflect revised revenue and profitability expectations for the aerospace business within its Engineered Composites (AEC) segment. Following its regular ...

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 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 ...

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) 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 ...

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 ...

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 ...

Core Insights - Gabelli Funds, LLC is hosting the annual Aerospace & Defense Symposium on September 5, 2024, at The Harvard Club in New York City, focusing on strong demand outlook and growth opportunities in the industry [1] - The symposium will feature top executives from over ten companies, emphasizing themes such as high barriers to entry, large aftermarket opportunities, defense spending, and M&A potential [1] Company Highlights - Featured companies at the symposium include Elbit Systems Ltd., Graham Corporation, Moog Inc., Redwire Corporation, Textron Inc., VSE Corporation, and Woodward, Inc. [2] - Additional participating companies are AAR Corp., Albany International Corp., Astronics Corporation, Bridger Aerospace Group Holdings, Crane Holdings Co., Curtiss-Wright Corporation, and Ducommun Incorporated [2] Event Details - The symposium will start at 8:30 am on September 5, 2024, at The Harvard Club in New York City [2] - Attendees will have opportunities for one-on-one meetings with management from the featured companies [1]