Armstrong World rises on raising FY forecast

Armstrong World Industries

24/10/2023 15:16

** Shares of ceiling and wall solution manufacturer
Armstrong World Industries  AWI.N  rise 8.2% to $74.7
    ** Expects FY adj EPS in range of $5.05-$5.15 vs prior
guidance of $4.85-$5.05  urn:newsml:reuters.com:*:nBw8vvnZYa
    ** Also expects mid-point of FY sales outlook to be $1,288
mln vs prior FY sales outlook mid-point of $1,285 mln
    ** Co also reports Q3 results above analyst estimates - LSEG
    ** Shares up 6.2% YTD

 (Reporting by Vedant Vinayak Vichare in Bengaluru)
 ((vedant.vinayakvichare@thomsonreuters.com))