NYSE$AIN

Albany International Corp · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

AIN Q1 2024 — $313K revenue, 0.87 EPS

Albany", the "Registrant", the "Company", "we", "us", or "our") financial position, results of operations and cash flows for the interim periods presented, but do not require all disclosures. Albany International Corp reported Q1 2024 results. Diluted EPS came in at $0.87. Net income of $100K. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $313K.
  • Diluted EPS: $0.87.
  • Net income: $100K.
  • Operating income: $39K.
  • Gross profit: $109K.

Headline financials

Total Revenue

$313M

Previous: $269M+16.4%
EPS

$0.87

Previous: $0.91-4.4%
Capital Expenditures

-$26.9M

Previous: -$16.3M-65.0%
Free Cash Flow

$432K

Previous: $10.6M-95.9%
Net Income

$27.3M

Previous: $26.9M+1.5%
Operating Income

$39M

Previous: $40.5M-3.9%
Gross Profit

$109M

Previous: $99.3M+9.4%
Cash & Equivalents

$125M

Previous: $304M-58.8%
Total Assets

$1.8B

Previous: $1.7B+6.0%
R&D Expense

$12.7M

No prior period

Revenue & EPS history

Albany · Revenue · Quarterly

$313M

Q1 2024+16.4%vs Q1 2023
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Albany · $154M total across 1 segment · Q3 2021

  • Machine Clothing
    $154M+11.1%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

+0.3%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+3.4%

Avg return

30 days after

46%

31 / 68 earnings

Positive

+19.1%

Q3 2015

Best reaction

-12.5%

Q1 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.0%+0.8%+11.2%
Q4 2025-1.6%-0.5%-10.0%
Q3 2025-1.0%-16.5%-9.1%
Q1 2025-5.4%-3.2%+0.5%
Q4 2024-6.4%-9.3%-12.0%
Q3 2024-5.2%-1.9%+15.7%
Q2 2024+3.6%+5.5%+2.4%
Q1 2024-9.0%-3.4%-2.7%
Q4 2023+3.3%+2.6%+5.5%
Q3 2023-2.3%-5.1%-0.3%
Q2 2023-0.4%+2.0%-0.7%
Q1 2023-5.2%+0.2%-5.4%
Q4 2022-3.8%-4.7%-17.8%
Q3 2022+1.0%+4.3%+17.2%
Q2 2022+5.3%+12.2%+14.1%
Q1 2022-7.7%-5.9%-1.2%
Q4 2021+0.6%-0.1%-1.9%
Q3 2021+1.8%-0.6%+8.2%
Q2 2021+4.9%+5.8%-3.7%
Q1 2021+2.2%+1.5%-2.6%
Q4 2020-5.0%-2.6%+13.8%
Q3 2020-5.5%+1.3%+35.1%
Q2 2020-5.4%-4.1%+3.8%
Q1 2020-0.6%-0.8%+17.2%
Q4 2019+2.5%+3.2%-19.7%
Q3 2019+1.0%+4.2%+3.1%
Q2 2019+9.1%+6.9%+4.6%
Q1 2019+5.4%+8.4%-5.6%
Q4 2018+5.8%+8.6%+5.0%
Q3 2018+6.4%+7.5%+8.8%
Q2 2018+15.8%+17.3%+19.5%
Q1 2018+4.2%+3.4%+9.5%
Q4 2017+3.3%+0.8%+2.7%
Q3 2017+4.1%+1.9%+12.5%
Q2 2017-5.4%-2.5%+0.2%
Q1 2017-2.1%-1.9%+4.4%
Q4 2016+0.7%+0.0%-5.6%
Q3 2016-3.2%-2.6%+16.6%
Q2 2016-3.1%+1.7%+0.0%
Q1 2016-3.4%
Q4 2015+11.7%
Q3 2015+19.1%
Q2 2015-5.0%
Q1 2015-1.4%
Q4 2014-1.3%
Q3 2014-0.8%
Q2 2014+3.5%
Q1 2014-0.9%
Q4 2013+1.5%
Q3 2013-3.0%
Q2 2013-0.7%
Q1 2013+0.3%
Q4 2012+3.8%
Q3 2012+4.4%
Q2 2012+10.8%
Q1 2012-12.5%
Q1 2009-3.1%
Q2 2009-3.1%
Q3 2009-3.1%
Q2 2011-3.1%
Q4 2009-3.1%
Q4 2011-3.1%
Q3 2010-1.0%
Q3 2011-1.0%
Q2 2010-8.6%
Q1 2010+7.3%
Q4 2010+7.3%
Q1 2011+7.3%

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