Armstrong World Q1 sales rise 7%, slightly beat estimates

Armstrong World Industries

28/04/2026 11:09

Overview

U.S. ceilings and architectural products maker's Q1 net sales rose 7%, slightly beating analyst expectations

Adjusted EPS for Q1 missed analyst expectations

Company repurchased $60 mln in shares during Q1

Outlook

Company raises 2026 adjusted diluted EPS guidance to $8.15-$8.45, up 10%-14% vs prior yr

Result Drivers

MINERAL FIBER GROWTH - Segment sales rose on higher prices and volumes, with favorable AUV and improved sales volumes cited as primary drivers

ARCHITECTURAL SPECIALTIES SALES - Double-digit sales growth in the segment, supported by organic gains in metal and wood categories and recent acquisitions

NON-RECURRING COSTS - Profitability pressured by severance, acquisition-related expenses, and a tariff adjustment, particularly in Architectural Specialties

Company press release: ID:nBw6qlj4fa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Slight Beat*
$409.90 mln
$409.85 mln (10 Analysts)
Q1 Adjusted EPS
Miss
$1.69
$1.81 (10 Analysts)
Q1 EPS
$1.55
Q1 Adjusted Net Income
$73 mln
Q1 Net Income
$66.80 mln
Q1 Adjusted EBITDA
$130 mln
Q1 Operating Income
$94.20 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

Wall Street's median 12-month price target for Armstrong World Industries Inc is $200.00, about 12.5% above its April 27 closing price of $177.76

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 23 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)