Albany International (AIN) Q2 Earnings Lag Estimates

Albany International (AIN) came out with quarterly earnings of $0.57 per share, missing the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.89 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -21.92%. A quarter ago, it was expected that this textile and composite maker would post earnings of $0.58 per share when it actually produced earnings of $0.73, delivering a surprise of +25.86%.Over the last f ...