Albany International (AIN) released a profit for fourth quarter that Drops, from last year
The company's earnings came in at $13.88 million, or $0.48 per share. This compares with $17.67 million, or $0.56 per share, last year.
Excluding items, Albany International reported adjusted earnings of $0.65 per share for the period.
The company's revenue for the period rose 12.0% to $321.20 million from $286.90 million last year.
Albany International earnings at a glance (GAAP) :
-Earnings: $13.88 Mln. vs. $17.67 Mln. last year.-EPS: $0.48 vs. $0.56 last year.-Revenue: $321.20 Mln vs. $286.90 Mln last year.
-Guidance:Next quarter EPS guidance: $ 0.50 To $ 0.60Next quarter revenue guidance: $ 275 M To $ 285 M
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.