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Armstrong World Industries Q3 2023 Earnings Report

Armstrong World Industries logo
$142.88 +1.02 (+0.72%)
(As of 12/20/2024 05:15 PM ET)

Armstrong World Industries EPS Results

Actual EPS
$1.60
Consensus EPS
$1.31
Beat/Miss
Beat by +$0.29
One Year Ago EPS
$1.36

Armstrong World Industries Revenue Results

Actual Revenue
$347.30 million
Expected Revenue
$330.42 million
Beat/Miss
Beat by +$16.88 million
YoY Revenue Growth
+6.90%

Armstrong World Industries Announcement Details

Quarter
Q3 2023
Time
Before Market Opens

Conference Call Resources

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Armstrong World Industries Earnings Headlines

Armstrong World Industries: Reaching A Ceiling Here
Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Armstrong Lauded by Newsweek
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About Armstrong World Industries

Armstrong World Industries (NYSE:AWI), 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. It serves commercial and residential construction markets, as well as renovation of existing buildings sectors. The company sells its products to resale distributors, ceiling system contractors, wholesalers, and retailers comprising large home centers. Armstrong World Industries, Inc. was founded in 1860 and is headquartered in Lancaster, Pennsylvania.

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