Albany International (AIN) revealed a profit for fourth quarter that decreased from the same period last year
The company's bottom line totaled $17.68 million, or $0.56 per share. This compares with $30.45 million, or $0.97 per share, last year.
Excluding items, Albany International reported adjusted earnings of $0.58 per share for the period.
The company's revenue for the period fell 11.3% to $286.91 million from $323.58 million last year.
Albany International earnings at a glance (GAAP) :
-Earnings: $17.68 Mln. vs. $30.45 Mln. last year.-EPS: $0.56 vs. $0.97 last year.-Revenue: $286.91 Mln vs. $323.58 Mln last year.
For the full year 2025, the company expects revenues of $1.165 to $1.265 billion and earnings Per Share between $3.00 and $3.40.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.