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Albany International: 2Q Earnings Snapshot

ROCHESTER, N.H. (AP) _ Albany International Corp. (AIN) on Tuesday reported second-quarter earnings of $34.1 million.

On a per-share basis, the Rochester, New Hampshire-based company said it had profit of $1.05. Earnings, adjusted for restructuring costs and non-recurring costs, were $1.09 per share.

The textile and composite maker posted revenue of $273.9 million in the period.

Albany International expects full-year earnings in the range of $3.05 to $3.35 per share.

Albany International shares have increased 26% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $78.97, an increase of 22% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AIN at https://www.zacks.com/ap/AIN

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