Armstrong World Industries Inc expected to post earnings of $1.75 a share - Earnings Preview

Armstrong World Industries

25/10/2024 14:10

* Armstrong World Industries Inc  AWI.N   AWI  is expected
to show
a rise in quarterly revenue when it reports  results on October
29 for the period ending September 30 2024
    * The Lancaster Pennsylvania-based  company is expected to
report
a 11.3% increase in revenue to $386.694 million from $347.3
million a year ago, according to the mean estimate from 8
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 $1.75 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 136.50​, below​ its last closing price
of $140.02. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   1.55        1.55       1.62      Beat    4.5
 Jan. 1 0001   1.23        1.23       1.38      Beat    12.3
 Dec. 31 2023  1.03        1.04       1.22      Beat    17.8​
 Jan. 1 0001   1.32        1.31       1.60      Beat    21.8
 ​​Jan.        1.31        1.31       1.38      Beat    5.5
 1 0001                                                 
 Mar. 31 2023  1.09        1.09       1.12      Beat    3​
 Dec. 31 2022  1.12        1.12       1.08      Missed  -3.2
 Sep. 30 2022  1.47        1.47       1.36      Missed  -7.5
 This summary was machine generated October 25 at 13:10 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)