Armstrong World Industries Inc expected to post earnings of $1.31 a share - Earnings Preview

Armstrong World Industries

21/07/2023 14:47

* Armstrong World Industries Inc  AWI.N   AWI  is expected
to show
a rise in quarterly revenue when it reports  results on July
25. 
    * The Lancaster Pennsylvania-based  company is expected to
report 
a 4.5% increase in revenue to $335.503 million from $321 million
a year ago, according to the mean estimate from 8 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Armstrong World
Industries Inc is for earnings of $1.31 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and 1 "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 $85​, above​ its last closing price of $75.58.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.09        1.09       1.12      Beat    3
 Dec. 31 2023  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.        1.14        1.15       1.02      Missed  -10.9
 31 2022                                                
 Dec. 31 2021  1.04        1.05       1.09      Beat    4.2​
 Sep. 30 2021  1.27        1.28       1.17      Missed  -8.8
 Jun. 30 2021  1.03        1.05       1.16      Beat    10.4
 This summary was machine generated July 21 at 13:47 GMT.  All
figures in US dollars  unless otherwise stated