Investing.com - Albany reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Albany announced earnings per share of $1.15 on revenue of $260.60. Analysts polled by Investing.com anticipated EPS of $0.86 on revenue of $245.14M.
Albany shares are up 48.74% from the beginning of the year and are trading at $88.00 , down-from-52-week-high.
Albany follows other major Industrials sector earnings this month
Albany's report follows an earnings missed by Lockheed Martin on July 19, who reported EPS of $1.16 on revenue of $15.45B, compared to forecasts EPS of $1.88 on revenue of $15.98B.
Union Pacific had beat expectations on Thursday with third quarter EPS of $3.19 on revenue of $6.57B, compared to forecast for EPS of $3.08 on revenue of $6.44B.
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