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

Armstrong World Industries

25/04/2023 14:31

* Armstrong World Industries Inc  AWI.N  reported quarterly
adjusted earnings of $1.12​​ per share for the quarter ended in
March. The mean expectation of eleven analysts for the quarter
was for earnings of $1.09 per share.
    * Revenue rose 9.8% to $310.20 million from a year ago;
analysts
expected $310.83 million. 
    * Armstrong World Industries Inc's reported EPS for the
quarter
was $1.04​.
    * The mean earnings estimate of analysts had fallen by
about 4.7%
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 2.4%
this
quarter and gained 6.3% so far this year.
    * The company reported quarterly net income of $47 million.
    * Wall Street's median 12-month price target for Armstrong
World
Industries Inc is $81.00 
    * 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 LSEG Refinitiv data
April 25 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.09           1.12           Beat
 Dec. 31 2022      1.12           1.08           Missed
 Sep. 30 2022      1.47           1.36           Missed
 Jun. 30 2022      1.37           1.29           Missed