Armstrong World Industries (NYSE:AWI) Posts Earnings Results, Beats Expectations By $0.13 EPS

Armstrong World Industries (NYSE:AWI) issued its quarterly earnings data on Tuesday. The construction company reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $0.13, Zacks reports. Armstrong World Industries had a net margin of 17.95% and a return on equity of 40.67%. The firm had revenue of $367.70 million for the quarter, compared to analyst estimates of $352.09 million. During the same quarter in the previous year, the business posted $1.22 EPS. The firm’s revenue was up 17.7% compared to the same quarter last year. Armstrong World Industries updated its FY 2025 guidance to 6.850-7.150 EPS and its FY25 guidance to $6.85 to $7.15 EPS.

Armstrong World Industries Trading Up 1.4 %

Shares of Armstrong World Industries stock traded up $2.07 during trading on Tuesday, hitting $147.79. 274,687 shares of the company were exchanged, compared to its average volume of 214,799. The firm’s fifty day moving average price is $147.46 and its 200 day moving average price is $141.81. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.64 and a quick ratio of 1.11. The firm has a market capitalization of $6.44 billion, a P/E ratio of 25.87, a price-to-earnings-growth ratio of 1.60 and a beta of 1.19. Armstrong World Industries has a 1-year low of $110.68 and a 1-year high of $164.40.

Armstrong World Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be paid a dividend of $0.308 per share. This represents a $1.23 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date is Thursday, March 6th. Armstrong World Industries’s dividend payout ratio (DPR) is 21.69%.

Wall Street Analyst Weigh In

AWI has been the subject of a number of recent research reports. StockNews.com raised shares of Armstrong World Industries from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Truist Financial increased their price objective on shares of Armstrong World Industries from $148.00 to $162.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Evercore ISI upped their price target on shares of Armstrong World Industries from $127.00 to $140.00 and gave the company an “in-line” rating in a report on Wednesday, October 30th. Loop Capital upped their target price on Armstrong World Industries from $135.00 to $145.00 and gave the company a “hold” rating in a report on Wednesday, October 30th. Finally, UBS Group boosted their target price on shares of Armstrong World Industries from $136.00 to $144.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Armstrong World Industries has an average rating of “Hold” and a consensus target price of $142.60.

About Armstrong World Industries

Armstrong World Industries, Inc, together with its subsidiaries, engages in the design, manufacture, and sale of ceiling and wall solutions in the Americas. It operates through Mineral Fiber and Architectural Specialties segments. The company offers mineral fiber, fiberglass wool, metal, wood, felt, wood fiber, and glass-reinforced-gypsum; ceiling component products, such as ceiling perimeters and trims, as well as grid products that support drywall ceiling systems; ceilings, walls, and facades for use in commercial settings; and manufactures ceiling suspension system (grid) products.