Albany International Announces CFO Transition
Albany International Corp. (
NYSE:AIN) announced today that its Board of Directors has accepted the resignation of its Chief Financial Officer, Robert Starr, effective May 23, 2025. The Company further announced that its Board of Directors has appointed Jairaj (JC) Chetnani, its Vice President – Investor Relations and Treasurer, as interim Chief Financial Officer as it conducts a formal search for Mr. Starr’s successor. Mr. Chetnani also assumes the role of Principal Accounting Officer.
Albany International Declares Dividend
The Board of Directors of Albany International Corp. (
NYSE: AIN) today declared a quarterly dividend of $0.27 per share on the Company’s Class A Common Stock.
AIN Q1 Earnings Call: Declining Revenues Offset by Profit Outperformance and Operational AdjustmentsIndustrial equipment and engineered products manufacturer Albany (
NYSE:AIN) fell short of the market’s revenue expectations in Q1 CY2025, with sales falling 7.8% year on year to $288.8 million. The company’s full-year revenue guidance of $1.22 billion at the midpoint came in 1.4% below analysts’ estimates. Its non-GAAP profit of $0.73 per share was 17.4% above analysts’ consensus estimates.
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2 Cash-Producing Stocks to Target This Week and 1 to Steer Clear OfA company that generates cash isn’t automatically a winner.
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Albany (NYSE:AIN) Misses Q1 Revenue EstimatesIndustrial equipment and engineered products manufacturer Albany (
NYSE:AIN) fell short of the market’s revenue expectations in Q1 CY2025, with sales falling 7.8% year on year to $288.8 million. The company’s full-year revenue guidance of $1.22 billion at the midpoint came in 1.4% below analysts’ estimates. Its non-GAAP profit of $0.73 per share was 17.4% above analysts’ consensus estimates.
Albany International Reports First-Quarter 2025 Results
Albany International Corp. (
NYSE:AIN) today reported operating results for its first quarter of 2025, which ended March 31, 2025.
Albany Engineered Composites Awarded Seven-Year Contract from Bell Textron, Inc. for 525 Composite Components
Albany International Corp. (
NYSE: AIN) announced today that its subsidiary Albany Engineered Composites, Inc. (AEC) has been awarded a seven-year contract from Bell Textron, Inc. (Bell) to produce composite structures components for the Bell 525 helicopter. This award establishes a new partnership with Bell, a key customer in AEC’s growing rotorcraft business.
Albany (AIN) Q1 Earnings: What To ExpectIndustrial equipment and engineered products manufacturer Albany (
NYSE:AIN)
will be announcing earnings results tomorrow afternoon. Here’s what you need to know.
Q4 Earnings Outperformers: Columbus McKinnon (NASDAQ:CMCO) And The Rest Of The General Industrial Machinery StocksAs the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the general industrial machinery industry, including Columbus McKinnon (
NASDAQ:CMCO) and its peers.
Q4 Earnings Outperformers: Icahn Enterprises (NASDAQ:IEP) And The Rest Of The General Industrial Machinery StocksLet’s dig into the relative performance of Icahn Enterprises (
NASDAQ:IEP) and its peers as we unravel the now-completed Q4 general industrial machinery earnings season.
Albany International Schedules Earnings Release Date
Albany International Corp. (
NYSE:AIN) will release 2025 first-quarter results Wednesday, April 30, 2025 after the market closes. The Company will host a webcast to discuss results at 9:00 a.m. Eastern Time on Thursday, May 1, 2025. Interested parties are encouraged to listen to the live webcast via the Company’s Investor Relations website at investors.albint.com.
Q4 Rundown: Albany (NYSE:AIN) Vs Other General Industrial Machinery StocksWrapping up Q4 earnings, we look at the numbers and key takeaways for the general industrial machinery stocks, including Albany (
NYSE:AIN) and its peers.
3 Reasons AIN is Risky and 1 Stock to Buy InsteadAlbany trades at $62.35 per share and has stayed right on track with the overall market, losing 14.4% over the last six months while the S&P 500 is down 10.6%. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
General Industrial Machinery Stocks Q4 Results: Benchmarking John Bean (NYSE:JBTM)As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the general industrial machinery industry, including John Bean (
NYSE:JBTM) and its peers.
Q4 Earnings Highlights: Honeywell (NASDAQ:HON) Vs The Rest Of The General Industrial Machinery StocksThe end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Honeywell (
NASDAQ:HON) and the rest of the general industrial machinery stocks fared in Q4.
Unpacking Q4 Earnings: 3M (NYSE:MMM) In The Context Of Other General Industrial Machinery StocksThe end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how 3M (
NYSE:MMM) and the rest of the general industrial machinery stocks fared in Q4.
General Industrial Machinery Stocks Q4 Recap: Benchmarking Kadant (NYSE:KAI)Let’s dig into the relative performance of Kadant (
NYSE:KAI) and its peers as we unravel the now-completed Q4 general industrial machinery earnings season.
Albany International Issues 2024 Sustainability Report
Albany International Corp. (
NYSE:AIN) announced today the publication of its annual Sustainability Report, highlighting the company’s achievements and commitments to sustainability and innovation in 2024.
1 Small-Cap Stock with Solid Fundamentals and 2 to AvoidSmall-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings.
However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
General Industrial Machinery Stocks Q4 Recap: Benchmarking Illinois Tool Works (NYSE:ITW)The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Illinois Tool Works (
NYSE:ITW) and the rest of the general industrial machinery stocks fared in Q4.
General Industrial Machinery Stocks Q4 Teardown: L.B. Foster (NASDAQ:FSTR) Vs The RestEarnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at L.B. Foster (
NASDAQ:FSTR) and its peers.
