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Stock impact report

Earnings Beat: Albany International Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models [Yahoo! Finance]

Albany International Corporation (AIN) 
Last albany international corporation earnings: 4/29 05:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Results were good overall, with revenues beating analyst predictions by 2.3% to hit US$1.1b. Statutory earnings per share (EPS) came in at US$3.55, some 8.4% above whatthe analysts had expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year. See our latest analysis for Albany International Taking into account the latest results, the most recent consensus for Albany International from four analysts is for revenues of US$1.30b in 2024. If met, it would imply a notable 13% increase on its revenue over the past 12 months. Per-share earnings are expected to swell 11% to US$3.95. Before this earnings report, the analysts had been forecasting revenues of US$1.29b and earnings per share (EPS) of US$3.99 in 2024. The consensus an Show less Read more
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