Albany Int'l Q1 Profit Declines - Quick Facts

(RTTNews) - Albany International Corp. (AIN) Monday reported first-quarter net income attributable to the company of $10.6 million or $0.33 per share, down from $11.5 million or $0.36 per share in the same period last year.

Excluding adjustments, net income attributable to the company was $0.37 per share, up from $0.32 per share last year.

On average, four analysts polled by Thomson Reuters expected the company to earn $0.41 per share for the quarter. Analysts' estimates typically exclude special items.

Sales dropped 3.4% to $180.31 million from $186.65 million last year, while three analysts expected revenues of $200.13 million.