LANCASTER, Pa.--(BUSINESS WIRE)--Armstrong World Industries, Inc. (NYSE:AWI), a leader in the design, innovation and manufacture of ceiling and wall solutions, announced today that its Board of Directors has declared a cash dividend of $0.28 per share of common stock. The dividend will be paid on March 14, 2024, to stockholders of record as of the close of business on Feb. 29, 2024. The declaration and payment of future dividends and capital allocations will be at the discretion of the Board of Directors a ...

The upcoming report from Armstrong World Industries (AWI) is expected to reveal quarterly earnings of $1.03 per share, indicating a decline of 4.6% compared to the year-ago period. Analysts forecast revenues of $307.85 million, representing an increase of 1.1% year over year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Ahead of a co ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, February 14:Camden National Corporation (CAC) : This bank holding company for Camden National Bank has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2% the last 60 days.This Zacks Rank #1 company has a dividend yield of 5.1%, compared with the industry average of 3.1%.Reynolds Consumer Products Inc. (REYN) : This kitchenware company has witnessed the Zacks Consensus Estima ...

Armstrong World Industries (AWI) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be release ...

LANCASTER, Pa.--(BUSINESS WIRE)--Armstrong World Industries, Inc. (AWI), a leader in the design, innovation and manufacture of ceiling and wall solutions, has been named one of America’s Greatest Workplaces for Diversity by Newsweek for 2024. “ We are honored to be recognized as one of America's Greatest Workplaces for Diversity. We firmly believe that supporting an inclusive and diverse work environment is not just a goal but a driving force behind our success,” said Vic Grizzle, AWI CEO and President. “ ...

Group 1 - Armstrong World Industries (AWI) is part of the Construction group, which ranks 1 in the Zacks Sector Rank, consisting of 98 companies [1] - AWI currently holds a Zacks Rank of 2 (Buy), indicating a favorable outlook based on earnings estimates and revisions [2] - Year-to-date, AWI has returned approximately 4.7%, outperforming the average gain of 1.6% for Construction stocks [2] - Acuity Brands (AYI) has also outperformed the sector with a return of 15.4% since the beginning of the year [2] Group 2 - The Zacks Consensus Estimate for AWI's full-year earnings has increased by 0.9% over the past quarter, reflecting improved analyst sentiment [2] - AWI is categorized under the Building Products - Miscellaneous industry, which ranks 53 in the Zacks Industry Rank and has gained an average of 5.1% this year, indicating slight underperformance compared to its industry [3] - Acuity Brands belongs to the Building Products - Lighting industry, which ranks 13 and has increased by 14.3% this year, showcasing stronger performance compared to AWI's industry [3]

Core Viewpoint - Armstrong World Industries (AWI) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of surpassing expectations [1][2]. Earnings Performance - The company has consistently exceeded earnings estimates, with an average surprise of 14.21% over the last two quarters [1]. - In the last reported quarter, AWI achieved earnings of $1.60 per share, surpassing the Zacks Consensus Estimate of $1.30 per share by 23.08% [1]. - For the previous quarter, AWI's earnings were $1.38 per share against an expected $1.31, resulting in a surprise of 5.34% [1]. Earnings Estimates and Predictions - Recent changes in earnings estimates for AWI have been favorable, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [2]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced positive surprises nearly 70% of the time [2]. Earnings ESP Analysis - AWI currently has an Earnings ESP of +2.66%, suggesting that analysts have recently become more optimistic about the company's earnings prospects [3]. - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) indicates a strong possibility of another earnings beat [3]. - The next earnings report for AWI is expected to be released on February 20, 2024 [3].

Investors with an interest in Building Products - Miscellaneous stocks have likely encountered both Owens Corning (OC) and Armstrong World Industries (AWI) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate ...

CRH plc (CRH) has signed a deal with Caterpillar Inc. (CAT) to advance the deployment of the latter’s zero-exhaust emissions solutions.CRH, a leading aggregates producer in North America, has become the first company in the industry to sign such an agreement with Caterpillar. The agreement will boost the deployment of Caterpillar's 70- to 100-ton-class battery electric off-highway trucks and charging solutions at a CRH site in North America.This apart, CRH will participate in CAT’s Early Learner program for ...

Core Insights - Armstrong World Industries, Inc. (AWI) has formed a strategic partnership with McKinstry, investing in Overcast Innovations to enhance integrated building solutions, aiming to reduce waste and inefficiencies in the construction industry [1][2] - The collaboration focuses on addressing industry challenges such as skilled labor shortages, energy efficiency, and complex installations through Overcast's modular ceiling systems [1][2] - Armstrong has acquired a 20% stake in Overcast, with potential for future increments, and both companies have established strategic partnership agreements to improve supply chains and marketing efforts [2] Company Performance - Armstrong's shares have increased by 35.1% over the past six months, outperforming the Zacks Building Products - Miscellaneous industry's growth of 18.1%, the Construction sector's 12.8% increase, and the S&P 500 Index's rise of 6.9% [4] - In Q3 2023, Armstrong's earnings per share (EPS) exceeded the Zacks Consensus Estimate by 23.1% and grew 17.6% year-over-year, with a trailing four-quarter earnings surprise of 7.9% on average [4] - EPS estimates for 2024 indicate a growth of 6.8% from the previous year, with the estimate moving up to $5.48 per share from $5.45 in the past 60 days, reflecting strong fundamentals and positive market trends [4]