Albany International (AIN) Misses Q4 Earnings and Revenue Estimates

Albany International (AIN) came out with quarterly earnings of $0.58 per share, missing the Zacks Consensus Estimate of$ 0.65 per share. This compares to earnings of $1.22 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -10.77%. A quarter ago, it was expected that this textile and composite maker would post earnings of$ 0.45 per share when it actually produced earnings of $0.80, delivering a surprise of 77.78%.Over the last fo ...