Armstrong World Indus Q3 Adj EPS $1.60 Beats $1.31 Estimate, Sales $347.30M Beat $330.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
Armstrong World Indus (NYSE:AWI) reported Q3 adjusted earnings of $1.60 per share, beating the analyst consensus estimate of $1.31 by 22.14%. This is a 17.65% increase from the same period last year. The company also reported quarterly sales of $347.30 million, beating the analyst consensus estimate of $330.15 million by 5.19%, a 6.86% increase from the same period last year.
October 24, 2023 | 10:06 am
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Armstrong World Indus reported Q3 earnings and sales that beat estimates. Earnings per share increased by 17.65% YoY and sales increased by 6.86% YoY.
Armstrong World Indus reported better than expected Q3 earnings and sales, which is likely to have a positive impact on its stock price in the short term. The YoY increase in earnings and sales also indicates strong financial performance.
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