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

Armstrong World Industries (NYSE:AWI - Get Free Report) issued its earnings results 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 company had revenue of $367.70 million for the quarter, compared to the consensus estimate of $364.98 million. During the same period in the previous year, the firm earned $1.22 earnings per share. Armstrong World Industries's quarterly 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 Stock Up 1.5 %

Shares of AWI stock traded up $2.25 during trading on Friday, reaching $153.44. The company's stock had a trading volume of 257,512 shares, compared to its average volume of 238,303. 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 company has a market capitalization of $6.69 billion, a price-to-earnings ratio of 27.06, a P/E/G ratio of 1.60 and a beta of 1.19. The stock's 50-day moving average price is $148.07 and its 200 day moving average price is $142.41. Armstrong World Industries has a 1-year low of $110.68 and a 1-year high of $164.40.

Armstrong World Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be issued a $0.308 dividend. This represents a $1.23 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date of this dividend is Thursday, March 6th. Armstrong World Industries's dividend payout ratio (DPR) is currently 20.40%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on AWI shares. Truist Financial lifted their price target on shares of Armstrong World Industries from $162.00 to $175.00 and gave the company a "buy" rating in a research report on Thursday. UBS Group lifted their price target on shares of Armstrong World Industries from $150.00 to $158.00 and gave the company a "neutral" rating in a research report on Wednesday. The Goldman Sachs Group lifted their price target on shares of Armstrong World Industries from $163.00 to $180.00 and gave the company a "buy" rating in a research report on Friday. Finally, StockNews.com cut shares of Armstrong World Industries from a "buy" rating to a "hold" rating in a research report on Tuesday. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Armstrong World Industries currently has a consensus rating of "Hold" and an average price target of $153.33.

Armstrong World Industries Company Profile

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.