Armstrong World Industries(AWI)
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Here's Why Armstrong World Industries (AWI) is a Strong Value Stock
Zacks Investment Research· 2024-05-01 14:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?Develope ...
Armstrong World Industries(AWI) - 2024 Q1 - Earnings Call Presentation
2024-04-30 21:56
st 1 Quarter 2024 Earnings Presentation April 30, 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, expected savings from cost management initiatives, the performance of our WAVE1 joint venture, market and broader economic conditions and guidance. Those statements provide our future expectations or f ...
Armstrong World Industries(AWI) - 2024 Q1 - Earnings Call Transcript
2024-04-30 21:56
Armstrong World Industries, Inc. (NYSE:AWI) Q1 2024 Earnings Conference Call April 30, 2024 11:00 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 Garik Shmois - Loop Capital Adam Baumgarten - Zelman & Associates Keith Hughes - Truist Stephen Kim - Evercore ISI Spencer Kaufman - UBS Rafe Jadrosich - Bank of Amer ...
Armstrong World Industries (AWI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-04-30 14:35
Armstrong World Industries (AWI) reported $326.3 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 5.2%. EPS of $1.38 for the same period compares to $1.12 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $317.84 million, representing a surprise of +2.66%. The company delivered an EPS surprise of +14.05%, with the consensus EPS estimate being $1.21.While investors closely watch year-over-year changes in headline numbers -- revenue and e ...
Armstrong World Industries (AWI) Beats Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-30 12:10
Armstrong World Industries (AWI) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.05%. A quarter ago, it was expected that this ceiling and wall systems manufacturer would post earnings of $1.03 per share when it actually produced earnings of $1.22, delivering a surprise of 18.45%.O ...
Armstrong World Industries(AWI) - 2024 Q1 - Quarterly Report
2024-04-30 11:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 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 March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commissio ...
Armstrong World Industries(AWI) - 2024 Q1 - Quarterly Results
2024-04-30 10:04
Armstrong Exhibit 99.1 Armstrong World Industries Reports Record-Setting First-Quarter 2024 Results • Net sales up 5% with mid-single digit growth in both Mineral Fiber and Architectural Specialties segments versus the prior-year period • Operating income increased 23% and diluted net earnings per share increased 31% versus the prior-year period • Adjusted EBITDA up 16% and adjusted diluted net earnings per share up 23% versus the prioryear period • Recently announced acquisition of 3form, LLC to expand Arc ...
Armstrong World (AWI) Surges 64.3% in 6 Months: Here's Why
Zacks Investment Research· 2024-04-17 15:46
Armstrong World Industries, Inc. (AWI) has been benefiting from an increase in average unit value (AUV) driven by favorable pricing and volumes. Contributions from recent acquisitions, digital initiatives and new product launches are encouraging.Markedly, the company’s fourth-quarter 2023 results showcased solid contributions from the Mineral Fiber as well as Architectural Specialties segments despite soft market conditions. The growth was attributable to the increase in AUV, driven by favorable pricing and ...
CRH Boosts Presence in California With Two New Acquisitions
Zacks Investment Research· 2024-04-08 13:56
CRH plc (CRH) expands its market reach in Northern California by acquiring BoDean Company Inc. and Northgate Ready Mix, LLC in Santa Rosa, CA.The two newly acquired companies are considered under CRH’s Materials Solutions business, thus marking the business’ debut in California. Furthermore, the acquired companies complement the Materials Solutions’ business profile in the Western United States. These acquisitions add diversity to the company’s product portfolio with two aggregates quarries, two ready-mixed ...
3 Highly Ranked Construction Stocks Benefitting from Top Business Industries
Zacks Investment Research· 2024-04-03 19:06
There continues to be an abundance of opportunity in the Zacks Construction sector which currently boasts 15 stocks on the coveted Zacks Rank #1 (Strong Buy) list.Benefiting from strong business industries, here are three of these highly ranked construction sector stocks that were added to the strong buy list over the last few weeks.Comfort Systems USA (FIX) Comfort Systems USA belongs to the Zacks Building Products-Air Conditioner and Heating Industry which is currently in the top 2% of over 250 Zacks indu ...