Armstrong World Industries Inc reports results for the quarter ended in December - Earnings Summary

Armstrong World Industries

21/02/2023 14:32

* Armstrong World Industries Inc  AWI.N  reported quarterly
adjusted earnings of $1.08​​ per share for the quarter ended in
December. The mean expectation of ten analysts for the quarter
was for earnings of $1.12 per share.
    * Revenue rose 7.8% to $304.50 million from a year ago;
analysts
expected $299.53 million. 
    * Armstrong World Industries Inc's reported EPS for the
quarter
was $1.07​.
    * The mean earnings estimate of analysts had fallen by
about 1.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Armstrong World Industries Inc shares had risen by 18.6%
this
quarter.
    * The company reported quarterly net income of $48.8
million.
    * Wall Street's median 12-month price target for Armstrong
World
Industries Inc is $88.00 
    * 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." 

This summary was machine generated from Refinitiv data February
21 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.12           1.08           Missed
 Sep. 30 2022      1.47           1.36           Missed
 Jun. 30 2022      1.37           1.29           Missed
 Mar. 31 2022      1.15           1.02           Missed