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Armstrong World Industries Q1 2023 Earnings Report

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$144.33 -0.20 (-0.14%)
As of 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Armstrong World Industries EPS Results

Actual EPS
$1.12
Consensus EPS
$1.06
Beat/Miss
Beat by +$0.06
One Year Ago EPS
$1.02

Armstrong World Industries Revenue Results

Actual Revenue
$310.20 million
Expected Revenue
$310.86 million
Beat/Miss
Missed by -$660.00 thousand
YoY Revenue Growth
+9.80%

Armstrong World Industries Announcement Details

Quarter
Q1 2023
Time
Before Market Opens

Conference Call Resources

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Armstrong World Industries Earnings Headlines

Elon Musk is helping print “new gold”
MIT scientists just developed a brand-new metal… A metal that’s shaping up to be, not only the biggest breakthrough in artificial intelligence… but in human technology. It’s so valuable that some are referring to it as the “new gold”.
Armstrong World price target raised to $175 from $162 at Truist
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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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