Armstrong World Indus Raises FY24 GAAP EPS Guidance from $5.76-$5.87 to $5.91-$5.95 vs $5.96 Est
Portfolio Pulse from Mohit Manghnani
Armstrong World Industries has raised its fiscal year 2024 GAAP EPS guidance from a range of $5.76-$5.87 to $5.91-$5.95, slightly below the $5.96 estimate.
October 29, 2024 | 10:06 am
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Armstrong World Industries has increased its FY24 GAAP EPS guidance to $5.91-$5.95, which is slightly below the market estimate of $5.96.
The increase in EPS guidance indicates a positive outlook, but the new range is slightly below the market estimate of $5.96, which may lead to a slight negative reaction in the stock price as expectations are not fully met.
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