Armstrong World Industries Inc expected to post earnings of $1.04 a share - Earnings Preview

Armstrong World Industries

16/02/2024 13:46

* Armstrong World Industries Inc  AWI.N   AWI  is expected
to show
a rise in quarterly revenue when it reports  results on February
20 for the period ending December 31 2023
    * The Lancaster Pennsylvania-based  company is expected to
report
a 0.4% increase in revenue to $305.612 million from $304.5
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Total Sales)
    * ​LSEG's mean analyst estimate for Armstrong World
Industries Inc
is for earnings of $1.04 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Armstrong
World
Industries Inc is $98.00​, below​ its last closing price
of $105.93. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.32        1.31       1.60      Beat    21.8
 Jun. 30 2023  1.31        1.31       1.38      Beat    5.5
 Mar. 31 2023  1.09        1.09       1.12      Beat    3​
 Dec. 31 2022  1.12        1.12       1.08      Missed  -3.2
 ​​Sep.        1.47        1.47       1.36      Missed  -7.5
 30 2022                                                
 Jun. 30 2022  1.38        1.37       1.29      Missed  -5.7​
 Mar. 31 2022  1.14        1.15       1.02      Missed  -10.9
 Dec. 31 2021  1.04        1.05       1.09      Beat    4.2
 This summary was machine generated February 16 at 13:46 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)