For the quarter ended December 2024, Albany Worldwide (AIN) reported income of $286.91 million, down 11.3% over the identical interval final yr. EPS got here in at $0.58, in comparison with $1.22 within the year-ago quarter.
The reported income represents a shock of -2.93% over the Zacks Consensus Estimate of $295.56 million. With the consensus EPS estimate being $0.65, the EPS shock was -10.77%.
Whereas traders scrutinize income and earnings adjustments year-over-year and the way they examine with Wall Road expectations to find out their subsequent transfer, some key metrics all the time supply a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders challenge a inventory’s value efficiency extra precisely.
Right here is how Albany Worldwide carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Income- Albany Engineered Composites: $98.83 million versus the two-analyst common estimate of $106.57 million. The reported quantity represents a year-over-year change of -25%.
- Income- Machine Clothes: $188.08 million in comparison with the $188.99 million common estimate based mostly on two analysts. The reported quantity represents a change of -1.9% yr over yr.
- Working earnings/(loss)- Albany Engineered Composites: -$19.93 million versus $4.19 million estimated by two analysts on common.
- Working earnings/(loss)- Machine Clothes: $30.36 million versus $51.01 million estimated by two analysts on common.
View all Key Company Metrics for Albany International here>>>
Shares of Albany Worldwide have returned -0.2% over the previous month versus the Zacks S&P 500 composite’s -2.3% change. The inventory at present has a Zacks Rank #4 (Promote), indicating that it might underperform the broader market within the close to time period.
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This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
