Albany (NYSE:AIN) Misses Q1 Revenue Estimates
From Barchart: 2025-04-30 17:55:00
Albany (NYSE:AIN) reported Q1 CY2025 revenue of $288.8 million, missing analyst estimates by 7.8%. Adjusted EPS of $0.73 beat estimates by 17.4%. The company reaffirmed its full-year revenue guidance of $1.22 billion. Operating margin decreased to 9.8%. Albany has shown sluggish revenue growth of 3% annually over the last five years. Their EPS has declined by 5.6% annually over the same period. In Q1, EPS was $0.73, down from $0.90 in the previous year. The stock remained flat at $65.60 after the earnings report.
President and CEO, Gunnar Kleveland, expressed satisfaction with the company’s performance. Albany specializes in textiles and materials processing, with Machine Clothing and Engineered Composites being its main revenue segments. The company’s revenue is expected to grow by 2.4% over the next 12 months. Despite the disappointing Q1 results, Albany’s efficient operating margin of 15.4% over the last five years has been notable.
While Albany’s Q1 results were mixed, with revenue missing estimates but EPS beating expectations, the company’s long-term growth has been sluggish. Investors are advised to consider the company’s valuation and business qualities before making investment decisions.
Read more at Barchart: Albany (NYSE:AIN) Misses Q1 Revenue Estimates