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

Armstrong World Industries

26/07/2022 14:32

* Armstrong World Industries Inc  AWI.N  reported quarterly
adjusted earnings of $1.29​​ per share for the quarter ended in
June. The mean expectation of ten analysts for the quarter was
for earnings of $1.37 per share.
    * Revenue rose 14.6% to $321.00 million from a year ago;
analysts
expected $317.19 million. 
    * Armstrong World Industries Inc's reported EPS for the
quarter
was $1.11​.
    * The mean earnings estimate of analysts had fallen by
about 1% in
the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Armstrong World Industries Inc shares had risen by 10.4%
this
quarter and lost 28.7% so far this year.
    * The company reported quarterly net income of $52.2
million.
    * Wall Street's median 12-month price target for Armstrong
World
Industries Inc is $103.50 
    * 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." 

This summary was machine generated from Refinitiv data July 26
at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.37           1.29           Missed
 Mar. 31 2022      1.15           1.02           Missed
 Dec. 31 2021      1.05           1.09           Beat
 Sep. 30 2021      1.28           1.17           Missed