Armstrong World Industries, Inc. (AWI) is scheduled to report fourth-quarter 2023 results on Feb 20, before the opening bell.In the last reported quarter, the company’s earnings and revenues topped the Zacks Consensus Estimate by 23.1% and 4.9%, respectively. On a year-over-year basis, the top and bottom lines grew 6.9% and 17.6%, respectively.Markedly, its earnings surpassed expectations in three out of the last four quarters and missed on one occasion, the average surprise being 7.9%.The Trend in Estimate ...

Otis Worldwide Corporation (OTIS) unveiled its medium-term outlook, long-term growth strategy, operating profit drivers, and capital allocation plans at its 2024 Investor Day hosted on Feb 15.Shares of this leading elevator and escalator manufacturing, installation and service company gained 1.9% on Feb 15, after the news release.Medium-Term OutlookOTIS expects organic sales to be up in low to mid-single digits. Also, it projects organic New Equipment sales within flat to up low-single digits, and organic S ...

Investors are always looking for stocks that are poised to beat at earnings season and Armstrong World Industries, Inc. (AWI) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Armstrong World is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible ...

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. “ ...

Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Armstrong World Industries (AWI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Armstrong World Industries is a member of our Construction group, which includes 98 different companies and currently sits at #1 in the Zacks S ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Armstrong World Industries (AWI) . This company, which is in the Zacks Building Products - Miscellaneous industry, shows potential for another earnings beat.When looking at the last two reports, this ceiling and wall systems manufacturer has recorded a strong streak of surpassing earnings estimates. The company has topped esti ...