Albany InternationalNYSE: AIN

AIN, BIDU and SKFRY have been added to the Zacks Rank #5 (Strong Sell) List on November 1, 2024.

Albany International Corp. (NYSE:AIN ) Q3 2024 Earnings Conference Call October 30, 2024 9:00 AM ET Company Participants JC Chetnani - VP, Investor Relations and Treasurer Gunnar Kleveland - President and Chief Executive Officer Robert Starr - Executive Vice President and Chief Financial Officer Conference Call Participants Peter Arment - Robert W. Baird Michael Ciarmoli - Truist Securities Jordan Lyonnais - Bank of America Chigusa Katoku - JPMorgan Jack Ayers - TD Cowen Operator Good day, and thank you for standing by.

Albany International (AIN) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $1.02 per share a year ago.

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE:AIN) announced today the publication of its 2023 Taskforce on Climate-related Financial Disclosures (TCFD) Report. The TCFD provides a common framework to articulate to stakeholders the Company's strategy for managing its climate-related risks and opportunities, and to show how its products and operations are aligned with the transition to a low-carbon, sustainable global economy. Highlights include the commitment to near-term c.

MT, AIN and AIR have been added to the Zacks Rank #5 (Strong Sell) List on October 9, 2024.

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE: AIN) announced today that it is providing a preliminary update to its full year outlook largely to reflect revised revenue and profitability expectations for the aerospace business within its Engineered Composites (AEC) segment. Following its regular quarterly review of program costs and estimates relative to certain large complex aerospace contracts the Company has updated its labor, material input and scrap cost assumptions o.

The headline numbers for Albany International (AIN) give insight into how the company performed in the quarter ended June 2024, 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 $0.89 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.90 per share a year ago.

ROCHESTER, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE: AIN) announced today that its Board of Directors has appointed Christopher Stone as President, Albany Engineered Composites, Inc., and elected him an officer of the Company, effective August 12, 2024, to succeed Gregory Harwell, who no longer serves as President of Albany Engineered Composites, Inc. Mr. Stone, 52, brings a deep knowledge of the A&D industry, and considerable broad experiences to his new role. He has held a.