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

Armstrong World Industries

24/10/2023 14:31

* Armstrong World Industries Inc  AWI.N  reported quarterly
adjusted earnings of $1.60​​ per share for the quarter ended in
September. The mean expectation of nine analysts for the quarter
was for earnings of $1.31 per share.
    * Revenue rose 6.9% to $347.30 million from a year ago;
analysts
expected $330.15 million. 
    * Armstrong World Industries Inc's reported EPS for the
quarter
was $1.56​.
    * The mean earnings estimate of analysts was unchanged 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 fallen by 4.1%
this
quarter and gained 0.7% so far this year.
    * The company reported quarterly net income of $69.5
million.
    * Wall Street's median 12-month price target for Armstrong
World
Industries Inc is $87.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 24 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.31           1.60           Beat
 Jun. 30 2023      1.31           1.38           Beat
 Mar. 31 2023      1.09           1.12           Beat
 Dec. 31 2022      1.12           1.08           Missed