Armstrong World Industries Inc expected to post earnings of $1.09 a share - Earnings Preview

Armstrong World Industries

21/04/2023 16:32

* Armstrong World Industries Inc  AWI.N   AWI  is expected
to show
a rise in quarterly revenue when it reports  results on April
25. 
    * The Lancaster Pennsylvania-based  company is expected to
report 
a 10.0% increase in revenue to $310.828 million from $282.6
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Armstrong World
Industries Inc is for earnings of $1.09 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Armstrong
World
Industries Inc is $81​, above​ its last closing price of $72.41.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  1.12        1.12       1.08      Missed  -3.2
 Sep. 30 2022  1.47        1.47       1.36      Missed  -7.5
 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.        1.04        1.05       1.09      Beat    4.2
 31 2021                                                
 Sep. 30 2021  1.27        1.28       1.17      Missed  -8.8​
 Jun. 30 2021  1.03        1.05       1.16      Beat    10.4
 Mar. 31 2021  0.91        0.90       0.84      Missed  -6.9
 This summary was machine generated April 21 at 15:32 GMT.  All
figures in US dollars  unless otherwise stated