Armstrong World Industries Inc expected to post earnings of $1.23 a share - Earnings Preview

Armstrong World Industries

26/04/2024 14:53

* Armstrong World Industries Inc  AWI.N   AWI  is expected
to show
a rise in quarterly revenue when it reports  results on April 30
for the period ending March 31 2024
    * The Lancaster Pennsylvania-based  company is expected to
report
a 3.0% increase in revenue to $319.434 million from $310.2
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 $1.23 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 no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Armstrong
World
Industries Inc is $121.00​, above​ its last closing price
of $115.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.03        1.04       1.22      Beat    17.8
 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.        1.12        1.12       1.08      Missed  -3.2
 31 2022                                                
 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
 This summary was machine generated April 26 at 13:53 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)