What To Expect From Albany's (AIN) Q1 Earnings [Yahoo! Finance]
GE Aerospace (GE)
Last ge aerospace earnings: 4/30 04:02 pm
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Source: Yahoo! Finance
Albany beat analysts' revenue expectations last quarter, reporting revenues of $321.2 million, up 12% year on year. It was a softer quarter for the company, with a significant miss of analysts' adjusted operating income estimates and a significant miss of analysts' EBITDA estimates. Is Albany a buy or sell going into earnings? Read our full analysis here, it's free for active Edge members This quarter, the market is expecting Albany's revenue to decline 2.7% year on year, improving from the 7.8% decrease it recorded in the same quarter last year. Albany Total Revenue The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Albany has missed Wall Street's revenue estimates multiple times over the last two years. Looking at Albany's peers in the general industrial machinery segment, some have already reported their Q1 results, giving us a hint as to w
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