Earnings Preview: Armstrong World Indus
Portfolio Pulse from Benzinga Insights
Armstrong World Indus (NYSE:AWI) is set to release its latest quarterly earnings report on Tuesday, 2023-10-24. Analysts estimate an earnings per share (EPS) of $1.31. Last quarter, the company beat EPS by $0.07, resulting in a 0.72% increase in the share price the next day. However, over the last 52-week period, shares are down 9.76%.
October 23, 2023 | 6:04 pm
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Armstrong World Indus is expected to report an EPS of $1.31 in its upcoming earnings. Last quarter's EPS beat led to a 0.72% share price increase. However, the stock is down 9.76% over the last 52 weeks.
The upcoming earnings report could potentially impact AWI's stock price. If the company beats the EPS estimate, it could lead to a short-term increase in the stock price, as it did last quarter. However, the overall negative trend over the last 52 weeks could dampen investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100