Albany InternationalNYSE: AIN

Albany International Corp. (NYSE:AIN) will announce its first-quarter 2024 results on April 29, 2024 after the market closes. A webcast to discuss the results will be held at 9:00 a.m. Eastern Time on April 30. Those interested can listen to the live webcast on the Company's Investor Relations website at investors.albint.com. Dial-in information for the call can be accessed by registering via a web link. An archive of the webcast will also be available.

The headline numbers for Albany International (AIN) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Albany International (AIN) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.75 per share a year ago.

Besides Wall Street's top -and-bottom-line estimates for Albany International (AIN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Companies that consistently increase their dividends perform better than those that don't. The article provides insights on upcoming dividend increases for investors to consider. With two weeks left, it's last call for dividend increases for 2023.

Although the revenue and EPS for Albany International (AIN) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) will release 2023 third-quarter financial results Monday, November 6, 2023 after the market close. The Company will host a webcast to discuss results at 10:00 a.m. Eastern Time on Tuesday, November 7. Interested parties are encouraged to listen to the live webcast via the Company's Investor Relations website at investors.albint.com. Interested parties may access dial information for the call by registering via web link here.

Albany's sales are finally back to where they were prior to the pandemic. Given its current earnings multiple, Albany's stock looks expensive when considering financial trends from the past decade. However, if more recent trends continue, I believe Albany's equity could trade higher. I come to this conclusion with a SOTP valuation using 2024 EBITDA estimates for the two segments.

Although the revenue and EPS for Albany International (AIN) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.