Armstrong World Industries Inc expected to post earnings of $1.37 a share - Earnings Preview

Armstrong World Industries

22/07/2022 16:22

* Armstrong World Industries Inc  AWI.N   AWI  is expected
to show
a rise in quarterly revenue when it reports  results on July
26. 
    * The Lancaster Pennsylvania-based  company is expected to
report 
a 13.3% increase in revenue to $317.191 million from $280
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 $1.37 per share. For the same
quarter last year, the company reported earnings of $1.16 per
share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and 2 "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 $103.5​, above​ its last closing price
of $84.25. ​​​
    * 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 2022  1.14        1.15       1.02      Missed  -10.9
 Dec. 31 2022  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
 ​​Mar.        0.91        0.90       0.84      Missed  -6.9
 31 2021                                                
 Dec. 31 2020  0.68        0.67       0.77      Beat    14.6​
 Sep. 30 2020  0.93        0.93       1.07      Beat    14.5
 Jun. 30 2020  0.92        0.92       0.75      Missed  -18.1
 This summary was machine generated July 22 at 15:22 GMT.  All
figures in US dollars  unless otherwise stated