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The fourth-quarter 2023 results of Armstrong World (AWI) reflect positive contributions from both of its reportable segments on the back of favorable AUV and pricing along with growing volumes. Yet, increased costs and expenses are concerning.
Armstrong World Industries, Inc. (AWI) Q4 2023 Earnings Call Transcript
While the top- and bottom-line numbers for Armstrong World Industries (AWI) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Armstrong World Industries (AWI) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $1.08 per share a year ago.
Armstrong World's (AWI) fourth-quarter 2023 results are likely to reflect improving sales volume and favorable pricing, partially offset by high costs and expenses.
Armstrong World (AWI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Armstrong World Industries (AWI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.
CAC, REYN and AWI made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 14, 2023.
Armstrong World Industries (AWI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here is how Armstrong World Industries (AWI) and Acuity Brands (AYI) have performed compared to their sector so far this year.