earnings
confidence high
sentiment neutral
materiality 0.75
Albany International Q4 net income $17.7M ($0.56 EPS); Board authorizes new $250M buyback
ALBANY INTERNATIONAL CORP /DE/
2024-FY EPS reported
$2.80
revenue$1,230,615,000
- Q4 net revenues $286.9M, down 11.3% YoY; AEC segment fell 25% on LEAP and CH-53K declines.
- Net income $17.7M ($0.56 diluted EPS) vs $30.5M ($0.97) a year ago; adjusted EPS $0.58 vs $1.22.
- Full-year 2024 record revenue $1.23B; free cash flow $137M for the year.
- FY2025 guidance: total revenue $1.165-1.265B, diluted EPS $3.00-$3.40.
- Board authorized new $250M share repurchase program; $15M repurchased in Q4.