Albany International lifts Q3 2026 adjusted EPS outlook to $1.40-$1.50

Reuters2026/09/01 20:30

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Albany International lifted Q3 2026 adjusted EPS guidance to $1.40-$1.50 from $0.60-$0.70, citing amended CH-53K terms.
Q3 2026 consolidated net revenue outlook held at $320 million-$330 million; Machine Clothing $165 million-$170 million; Engineered Composites $155 million-$160 million.
Q4 2026 outlook calls for net revenue of $325 million-$335 million; adjusted EPS of $0.65-$0.75; effective tax rate of 31.5%.
Forecast reflects retention of the Salt Lake City facility following Boeing 787 contract extension, new defense wins, renegotiated 787 terms.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Albany International Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260901409125) on September 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Albany International lifts Q3 2026 adjusted EPS outlook to $1.40-$1.50

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