Albany International (AIN) Misses Q4 Earnings and Revenue Estimates

Core Viewpoint - Albany International reported quarterly earnings of $0.58 per share, missing the Zacks Consensus Estimate of $0.65 per share, and down from $1.22 per share a year ago, indicating a significant earnings surprise of -10.77% [1][2] Financial Performance - The company posted revenues of $286.91 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 2.93%, and down from $323.58 million year-over-year [2] - Over the last four quarters, Albany International has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Market Performance - Albany International shares have not added value since the beginning of the year, contrasting with the S&P 500's gain of 1.3% [3] - The stock is currently rated Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the coming quarter is $0.87 on revenues of $307.02 million, and for the current fiscal year, it is $3.79 on revenues of $1.27 billion [7] - The estimate revisions trend for Albany International is currently unfavorable, which may impact future stock movements [6] Industry Context - The Textile - Products industry, to which Albany International belongs, is currently in the bottom 10% of over 250 Zacks industries, suggesting a challenging environment for the stock [8]