Albany International Earnings Preview: Get Ahead of the Analysts

Albany International (NYSE:AIN) will report earnings after markets close on Wednesday, May 1st. Albany International Corporation designs, manufactures, and markets paper machine clothing. Paper machine clothing consists of large continuous belts of engineered fabrics that are installed on paper machines and carry the paper stock through each stage of the paper production process. The Company sells its products in the United States, Canada, and overseas.

Here is your Cheat Sheet to Albany International Earnings:

Earnings Expectations: Analysts expect earnings of $0.30 per share on revenues of $187.29 million. Currently, the company’s P/E ratio stands at 28.92.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.4 and has not changed. For the current year, the average estimate is a profit of $1.48, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Albany International has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,087 871.04 742.89 787.29 760.94
Diluted EPS ($) -2.63 -1.09 1.21 1.11 0.97

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 197.40 188.55 191.94 194.59 194.34
Diluted EPS ($) -0.2311 1.49 -1.08 0.30 0.2577

Past Performance:
Albany International has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]