Armstrong World Industries (AWI) Beats Q1 Earnings and Revenue Estimates

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 ...