Armstrong World Indus Q2 2024 Adj. EPS $1.62 Beats $1.55 Estimate, Sales $365.100M Beat $360.359M Estimate
Portfolio Pulse from Benzinga Newsdesk
Armstrong World Industries (AWI) reported Q2 2024 adjusted EPS of $1.62, beating the estimate of $1.55. Sales were $365.1 million, surpassing the expected $360.359 million.
July 30, 2024 | 10:01 am
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POSITIVE IMPACT
Armstrong World Industries (AWI) reported better-than-expected Q2 2024 results with an adjusted EPS of $1.62 and sales of $365.1 million, both surpassing estimates.
The company's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates typically boosts investor confidence and can lead to a stock price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100