NYSE$AIN
Albany International Corp · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Albany International reported a solid third quarter with revenue increasing and raised full year financial guidance and announced a share repurchase program.
Albany International reported a strong third quarter with revenues up 9.6% to $232.4 million. The company raised its full year financial guidance for 2021 and authorized a share repurchase program of up to $200 million.
- Revenues increased 9.6% to $232 million.
- Machine Clothing segment sales grew 11% from 2020’s third quarter.
- Engineered composites grew again in the quarter.
- Board of Directors authorized a $200 million share repurchase program.
Headline financials
Revenue & EPS history
Albany · Revenue · Quarterly
$232M
Revenue by segment
Albany · $154M total across 1 segment · Q3 2021
- Machine Clothing$154M+11.1%100.0%
Forward guidance
Albany International updated its financial guidance for the full-year 2021.
Tailwinds
- Total company revenue between $900 and $920 million.
- Effective income tax rate, including tax adjustments, between 28% and 30%.
- Total company depreciation and amortization of approximately $75 million.
- GAAP earnings per share between $3.23 and $3.38 and Adjusted earnings per share between $3.15 and $3.30.
- Total company Adjusted EBITDA between $230 to $240 million.
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 Q3 2021
+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
| Quarter | Report date | Reaction (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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro