Industrial equipment and engineered products manufacturer Albany (NYSE:AIN) will be announcing earnings results tomorrow after market hours. Here’s what you need to know.

Albany beat analysts’ revenue expectations by 4.8% last quarter, reporting revenues of $332 million, up 21.1% year on year. It was a mixed quarter for the company, with underwhelming earnings guidance for the full year.

Is Albany a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Albany’s revenue to grow 5.7% year on year to $297.1 million, slowing from the 7.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.57 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Albany has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 5.5% on average.

Looking at Albany’s peers in the general industrial machinery segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Crane delivered year-on-year revenue growth of 12.7%, meeting analysts’ expectations, and John Bean reported revenues up 12.4%, topping estimates by 2.6%. John Bean traded up 17.8% following the results.

Read our full analysis of Crane’s results here and John Bean’s results here.

Investors in the general industrial machinery segment have had steady hands going into earnings, with share prices flat over the last month. Albany is down 18.7% during the same time and is heading into earnings with an average analyst price target of $90.20 (compared to the current share price of $72.25).

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