The exciting news about Albany International Corp (NYSE: AIN) will be shared on Wednesday 30th October 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen after market close.
Wall Street financial experts are forecasting that the organization will announce an expected $0.57 profit per share for the quarter. Moreover, the firm is anticipated to disclose a total revenue of $301.1 million for this specific period.
The company's earnings report from the corresponding quarter of the previous year demonstrated a per-share income of $1.02. Additionally, the company achieved a total revenue of $281.11 million during that specific period.
According to analysts on Wall Street, the company's full-year performance is projected to result in a total revenue of $1.24 billion. Additionally, they forecast the earnings per share to hit profit of $3.16 for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.89 | -1.1% | 331.99 M | +21.1% |
| Q1 2024 | $0.90 | -1.1% | 313.33 M | +16.4% |
| Q4 2023 | $1.22 | +62.7% | 323.58 M | +20.4% |
| Q3 2023 | $1.02 | -11.3% | 281.11 M | +7.9% |
| Q2 2023 | $0.90 | -15.1% | 274.12 M | +4.9% |
| *Growth on year-over-year basis | ||||
AIN has scheduled a conference call on 31st October 2024 at 09:00 AM eastern time to discuss the third quarter financial results and other related information.
Albany International Corp (AIN) closed Monday's regular trading session at $72.25, showing a 1.60 percent gain, with a volume of 298.00 thousand shares.
