Analysts Estimate Albany International (AIN) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - Albany International (AIN) is anticipated to report a year-over-year decline in earnings despite an increase in revenues, which could significantly influence its stock price depending on the actual results compared to estimates [1]. Earnings Estimates - The consensus estimate for Albany International's quarterly earnings is $0.87 per share, reflecting a year-over-year decrease of 4.4% [2]. - Expected revenues for the quarter are projected at $320.12 million, representing a 19% increase from the same quarter last year [2]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not significantly altered their initial projections during this period [2]. - The Most Accurate Estimate for Albany International is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -8.93%, suggesting a bearish outlook from analysts [4][6]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [4]. - Albany International currently holds a Zacks Rank of 3, which complicates the prediction of an earnings beat given the negative Earnings ESP [5][6]. Historical Performance - In the last reported quarter, Albany International exceeded the expected earnings of $0.84 per share by delivering $1.22, resulting in a surprise of +45.24% [7]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [7]. Conclusion - While Albany International does not appear to be a strong candidate for an earnings beat based on current estimates and rankings, investors should consider other influencing factors before making investment decisions [8].