A Preview Of Albany Intl's Earnings
Portfolio Pulse from Benzinga Insights
Albany International (NYSE:AIN) is set to announce its quarterly earnings on October 30, 2024. Analysts estimate an EPS of $0.90. Investors are keen on not just an earnings beat but also positive future guidance. Previously, Albany Intl missed EPS by $0.02 but saw a 1.83% share price increase. The stock is down 12.04% over the past year. Analysts rate it a 'Buy' with a price target of $86, suggesting a 19.03% upside.
October 29, 2024 | 3:03 pm
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Albany International is expected to announce its earnings with an EPS estimate of $0.90. Investors are looking for not just an earnings beat but also positive guidance. The stock has been down 12.04% over the past year, but analysts have a 'Buy' rating with a price target of $86, indicating a potential 19.03% upside.
The upcoming earnings announcement is crucial for Albany Intl as investors are not only looking for an EPS beat but also positive guidance. The stock's performance over the past year has been negative, but the analyst consensus is a 'Buy' with a significant upside potential, which could positively impact the stock price if the earnings and guidance are favorable.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100