Armstrong World Industries shares are trading higher after the company reported better-than-expected Q3 financial results, narrowed FY23 revenue guidance above estimates and raised FY23 adjusted EPS guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Armstrong World Industries reported better-than-expected Q3 financial results, narrowed FY23 revenue guidance above estimates, and raised FY23 adjusted EPS guidance above estimates. This has led to a rise in the company's share prices.
October 24, 2023 | 4:41 pm
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Armstrong World Industries' shares are trading higher following better-than-expected Q3 results and positive FY23 guidance.
Armstrong World Industries reported strong Q3 results and raised its FY23 guidance, which is a positive signal for investors. This has led to an increase in the company's share prices, indicating a positive short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100