AES and Albany International Post Better‑Than‑Expected Q2 Results

Utilities provider AES reported second‑quarter earnings of $0.60 per share, topping the consensus estimate of $0.45. Revenue reached $3.42 billion, above the $3.11 billion forecast, and the company posted a net margin of 10.78% and a return on equity of 22.66%. AES also announced a quarterly dividend of $0.176 per share.

Albany International posted Q2 revenue of $329.5 million, a 5.8% year‑over‑year increase, and adjusted EBITDA of $57.8 million, delivering a 17.6% margin. The Engineered Composites segment set a quarterly revenue record of $150.8 million, driven by higher production rates on programs such as LEAP, Boeing, and CH‑53K. Adjusted EBITDA for the segment rose to $20 million. The company cited strong defense demand and ongoing tooling work for a next‑generation contract as factors shaping its outlook.