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Albany International Q1 adjusted earnings Beat Estimates


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(RTTNews.com) - Albany International ( AIN ) reported a profit for first quarter that declined from last year.

The company's earnings totaled $10.25 million, or $0.32 per share. This compares with $10.84 million, or $0.34 per share, in last year's first quarter.


Analysts had expected the company to earn $0.51	 per share, according to 

figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 15.4% to $229.98 million from $199.28 million last year.

Albany International earnings at a glance:


-EPS (Q1): $0.54 vs. $0.46 last year.
-Analysts Estimate: $0.51

-Revenue (Q1): $229.98 Mln vs. $199.28 Mln last year.

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This article appears in: Fundamental Analysis , World Markets , Stocks , Earnings
Referenced Symbols: AIN ,


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