Albany International AIN announces its next round of earnings Monday. Here's Benzinga's advanced look at Albany International's Q4 earnings report.
Earnings and Revenue
Analysts covering Albany International modeled for quarterly EPS of 42 cents per share on revenue of $218.3 million.
Albany International earnings in the same period a year ago were 36 cents per share. Quarterly sales came in at $213 million. The analyst consensus sales estimate would represent a 2.48 percent increase from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
EPS Estimate | 0.42 | 0.52 | 0.53 | 0.44 |
EPS Actual | 0.57 | 0.16 | 0.46 | 0.36 |
Q4 EPS Estimate: 42 cents per share
Q4 Revenues Estimate: $218 million
Stock Performance
Shares of Albany International were trading at $62.35 as of Feb. 2. Over the last 52-week period, shares are up 33.37 percent. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts have been rating Albany International stock as Sell. The strength of this rating has dwindled over the past three months.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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