Albany International reports Q3 adjusted EPS $1.02, consensus 92c

Reports Q3 revenue $281.1M, consensus $262.88M. “We are reporting another strong quarter,” said President and CEO, Gunnar Kleveland. “Revenue of $281 million, was up $20 million or 7.9% year-over-year primarily due to sales growth in Engineered Composites and one month of Heimbach results in the Machine Clothing segment. Both business segments are continuing to deliver on their long-term plans for profitable growth.”