Armstrong World Industries(AWI)

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Armstrong World Industries(AWI) - 2024 Q3 - Earnings Call Transcript
2024-10-29 17:14
Armstrong World Industries, Inc. (NYSE:AWI) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Theresa Womble - Vice President, Investor Relations and Corporate Communications Vic Grizzle - Chief Executive Officer Chris Calzaretta - Chief Financial Officer Conference Call Participants Susan Maklari - Goldman Sachs Keith Hughes - Truist Securities Adam Baumgarten - Zelman & Associates Rafe Jadrosich - Bank of America Aatish Shah - Evercore Garik Shmois - Loop Capital Kathryn T ...
Armstrong World's Q3 Earnings & Net Sales Beat Estimates, '24 View Up
ZACKS· 2024-10-29 15:25
Armstrong World Industries, Inc. (AWI) reported solid results for third-quarter 2024, wherein earnings and net sales topped the Zacks Consensus Estimate and increased on a year-over-year basis. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The company's growth trend was backed by solid contributions from the Mineral Fiber as well as Architectural Specialties segments. Growth was attributable to the increase in average unit value (AUV) and volume. Also, contributions from recent a ...
Here's What Key Metrics Tell Us About Armstrong World Industries (AWI) Q3 Earnings
ZACKS· 2024-10-29 14:35
For the quarter ended September 2024, Armstrong World Industries (AWI) reported revenue of $386.6 million, up 11.3% over the same period last year. EPS came in at $1.81, compared to $1.60 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $385.7 million, representing a surprise of +0.23%. The company delivered an EPS surprise of +3.43%, with the consensus EPS estimate being $1.75.While investors scrutinize revenue and earnings changes year-over-year and how they compare ...
Armstrong World Industries(AWI) - 2024 Q3 - Earnings Call Presentation
2024-10-29 14:07
Armstrong® world Industries 3rd Quarter 2024 Earnings Presentation October 29, 2024 Safe Harbor Statement Disclosures in this presentation contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, those relating to future financial and operational results, market and broader economic conditions and guidance. Those statements provide our future expectations or forecasts and can be identified by our use of words such as "antici ...
Armstrong World Industries (AWI) Q3 Earnings and Revenues Top Estimates
ZACKS· 2024-10-29 12:11
Armstrong World Industries (AWI) came out with quarterly earnings of $1.81 per share, beating the Zacks Consensus Estimate of $1.75 per share. This compares to earnings of $1.60 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 3.43%. A quarter ago, it was expected that this ceiling and wall systems manufacturer would post earnings of $1.53 per share when it actually produced earnings of $1.62, delivering a surprise of 5.88%. O ...
Armstrong World Industries(AWI) - 2024 Q3 - Quarterly Report
2024-10-29 11:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.01 par value per share AWI New York Stock Exchange FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...
Armstrong World Industries(AWI) - 2024 Q3 - Quarterly Results
2024-10-29 10:01
Armstrong world Industries Exhibit 99.1 Armstrong World Industries Reports Third-Quarter 2024 Results • Record setting quarterly net sales of $387 million, an increase of 11% • Operating income increased 11% and diluted net earnings per share increased 12% • Adjusted EBITDA up 11% and adjusted diluted net earnings per share up 13% • Raising full-year 2024 guidance for adjusted EBITDA, adjusted diluted net earnings per share and adjusted free cash flow (Comparisons above are versus the prior-year period unle ...
Armstrong World Cheers Investors With 10% Dividend Hike
ZACKS· 2024-10-24 18:00
Armstrong World Industries, Inc. (AWI) announced a hike of 10% in its quarterly cash dividend.This leading global producer of ceiling systems raised the quarterly dividend payout to 30.8 cents per share from 28 cents. The amount will be paid out on Nov. 21, 2024, to shareholders of record as of Nov. 7. Based on the closing price of $138.18 per share on Oct. 23, 2024, the stock has a dividend yield of 0.89%.AWI has been boosting shareholder value through regular dividend payments since December 2018. This ma ...
Armstrong World Industries: Growth Soars Amid Uncertainty
Seeking Alpha· 2024-09-08 09:17
FangXiaNuo Synopsis Armstrong World Industries (NYSE:AWI) is a leading provider of ceiling and wall solutions across the Americas, serving both commercial and residential construction and renovation markets. It has demonstrated a strong track record of consistent revenue growth and maintains robust profitability margins. Strategic acquisitions and organic growth from a mix of large, medium, and small projects, with major contributions from large airport projects like Pittsburgh and Seattle, have driven ...
Armstrong World Stock Rises 26% YTD: What's Next for Investors?
ZACKS· 2024-09-05 15:40
Armstrong World Industries, Inc.’s (AWI) shares have gained 26% so far this year, outperforming the Zacks Building Products - Miscellaneous industry’s 12.3% growth and the Zacks Construction sector’s 14.6% increase.This leading global producer of ceiling systems has been making the most from increased sales of innovative digital platforms such as ProjectWorks and Canopy, moderation of input costs, the acquisitions of 3form and BOK Modern and large federally funded transportation projects. The company’s focu ...