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Albany International posts 3Q profit

ROCHESTER, N.H. (AP) _ Albany International Corp. (AIN) on Monday reported third-quarter earnings of $15.3 million.

On a per-share basis, the Rochester, New Hampshire-based company said it had profit of 47 cents. Earnings, adjusted for one-time gains and costs, were 57 cents per share.

The textile and composite maker posted revenue of $222.1 million in the period.

Albany International shares have increased 22 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $56.45, an increase of 41 percent in the last 12 months.


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