Armstrong World Industries (AWI) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power o ...

Armstrong World Industries, Inc. (AWI) unveils Ultima Low Embodied Carbon (LEC) ceiling panels to aid building owners, architects and contractors in reducing environmental impact. The move signifies the company's continued focus on expanding its range of products aimed at reducing the environmental impact of buildings.Armstrong aims to offer products supporting decarbonization and circularity in the built environment. Its latest offerings, Ultima LEC and Ultima Templok Energy Saving Ceiling panels are devel ...

Armstrong World Industries, Inc. (AWI) has been rallying of late. The company is witnessing a solid growth trend in both the Mineral Fiber and Architectural Specialties segments.Also, the company’s recently announced acquisition of 3form, LLC, which is expected to expand the portfolio of its Architectural Specialties segment and enhance its relationships with architects and designers, bodes well.A Look at Q1 Earnings & Margins PerformanceThe company recently reported its first-quarter 2024 results, wherein ...

Armstrong World Industries, Inc. (AWI) reported splendid results for first-quarter 2024, wherein earnings and net sales topped the Zacks Consensus Estimate and increased on a year-over-year basis.The company’s growth trend was backed by solid contributions from the Mineral Fiber as well as Architectural Specialties segments. The growth was attributable to the increase in average unit value (AUV), driven by favorable pricing and mix. Also, contributions from recent acquisitions aided the uptrend. This was re ...

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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, 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) 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) 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 ...

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 ...