Edition:
India

Albany International Corp (AIN.N)

AIN.N on New York Stock Exchange

84.96USD
13 Nov 2019
Change (% chg)

$-1.24 (-1.44%)
Prev Close
$86.20
Open
$85.84
Day's High
$85.84
Day's Low
$84.79
Volume
23,777
Avg. Vol
56,376
52-wk High
$91.86
52-wk Low
$58.23

Latest Key Developments (Source: Significant Developments)

Albany International Corp Reports Q3 Adjusted Earnings Per Share Of $1.17
Wednesday, 30 Oct 2019 

Oct 29 (Reuters) - Albany International Corp ::ALBANY INTERNATIONAL REPORTS THIRD-QUARTER 2019 RESULTS.Q3 EARNINGS PER SHARE $1.24.SEES FY 2019 GAAP EARNINGS PER SHARE $3.81 TO $4.01.Q3 ADJUSTED EARNINGS PER SHARE $1.17.Q3 SALES ROSE 7.6 PERCENT TO $271.1 MILLION.UPDATING ITS FINANCIAL GUIDANCE FOR FULL-YEAR 2019.INCREASES 2019 PROFIT GUIDANCE.SEES FULL-YEAR 2019 MACHINE CLOTHING REVENUE OF $595 TO $605 MILLION.SEES FY 2019 TOTAL COMPANY REVENUE OF BETWEEN $1.04 AND $1.06 BILLION, REVISED FROM PRIOR GUIDANCE OF $1.05 TO $1.08 BILLION.SEES 2019 CAPITAL EXPENDITURES IN RANGE OF $70 TO $80 MILLION, DOWN FROM PRIOR GUIDANCE OF $80 TO $90 MILLION.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $3.75 TO $3.95.FY2019 EARNINGS PER SHARE VIEW $3.49, REVENUE VIEW $1.06 BILLION -- REFINITIV IBES DATA.  Full Article

Albany International Reports Q4 Earnings Per Share Of $0.55
Tuesday, 12 Feb 2019 

Feb 11 (Reuters) - Albany International Corp ::ALBANY INTERNATIONAL REPORTS FOURTH-QUARTER RESULTS.Q4 EARNINGS PER SHARE $0.55.Q4 SALES ROSE 11 PERCENT TO $251.6 MILLION.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.74 EXCLUDING ITEMS.SEES FY 2020 SALES $500 MILLION TO $550 MILLION.ALBANY INTERNATIONAL - ASSUMING NO SIGNIFICANT CHANGES IN GLOBAL ECONOMIC CONDITIONS OR CURRENCY RATES, EXPECT 2019 ADJUSTED EBITDA TO BE BETWEEN $195 MILLION & $205 MILLION.FULL-YEAR 2019 NET SALES ARE EXPECTED TO GROW IN RANGE OF 20% TO 25%.2019 ADJUSTED EBITDA AS A PERCENTAGE OF NET SALES SHOULD SHOW SOME INCREMENTAL IMPROVEMENT COMPARED TO 2018.  Full Article

CORRECTED-(OFFICIAL)-BRIEF-Albany International Q4 EPS $0.18
Friday, 16 Feb 2018 

In Feb. 5 BRIEF, corrects EPS to $0.18 from $0.12 and adjusted EPS to $0.44 from $0.43 after the company amended its numbers:ALBANY INTERNATIONAL REPORTS FOURTH-QUARTER RESULTS.Q4 EARNINGS PER SHARE $0.18.Q4 SALES ROSE 6.4 PERCENT TO $226.7 MILLION.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.44 EXCLUDING ITEMS.OLIVIER JARRAULT HAS BEEN NAMED PRESIDENT AND CHIEF EXECUTIVE OFFICER TO SUCCEED JOSEPH G. MORONE.DISCRETE TAX ITEMS & EFFECT OF CHANGE IN ESTIMATED INCOME TAX RATE INCREASED INCOME TAX EXPENSE BY $6.8 MILLION IN Q4 2017.ESTIMATE 2018 TAX RATE ON INCOME FROM CONTINUING OPERATIONS TO BE IN RANGE OF 27% TO 31%.AS FOR OUTLOOK FOR 2018, EXPECT 20% TO 30% GROWTH IN FULL-YEAR SALES.  Full Article

Albany International Announces New CEO
Tuesday, 6 Feb 2018 

Feb 5 (Reuters) - Albany International Corp ::ALBANY INTERNATIONAL ANNOUNCES NEW CEO.SAYS OLIVIER JARRAULT APPOINTED CEO AND PRESIDENT.JARRAULT TO SUCCEED JOSEPH MORONE.  Full Article