AIN - Albany Non-GAAP EPS of $1.15 beats by $0.29 revenue of $261M beats by $15.95M

• Albany press release ( NYSE: AIN ): Q3 Non-GAAP EPS of $1.15 beats by $0.29 .
• Revenue of $261M (+12.3% Y/Y) beats by $15.95M .
• The Company has updated its guidance for the full year 2022 -Total company revenue of between $990 million and $1.015 billion vs 998.10M Consensus
• GAAP earnings per share of between $2.84 and $3.14 vs 3.66 Consensus.
• Effective income tax rate, including tax adjustments, of 25% to 27%;
• Total company depreciation and amortization of between $71 and $72 million;
• Capital expenditures in the range of $75 to $85 million;

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