Armstrong World Industries Updates FY23 Revenue Outlook From $1.265B - $1.305B To $1.280B - $1.295B Vs. $1.27B Est.
Portfolio Pulse from Benzinga Newsdesk
Armstrong World Industries has updated its FY23 revenue outlook from $1.265B - $1.305B to $1.280B - $1.295B, slightly above the estimated $1.27B.
October 24, 2023 | 10:10 am
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Armstrong World Industries has revised its FY23 revenue outlook upwards, which is slightly above the market estimate.
The revised revenue outlook by Armstrong World Industries is higher than the previous one and also slightly above the market estimate. This indicates a positive financial performance expectation, which could lead to a positive investor sentiment and potentially an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100