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Stock impact report

Building Materials Stocks Q2 Results: Benchmarking Armstrong World (NYSE:AWI) [Yahoo! Finance]

Armstrong World Industries Inc (AWI) 
Last armstrong world industries inc earnings: 4/27 06:00 am Check Earnings Report
US:NYSE Investor Relations: armstrong.com/home/ir.html
Company Research Source: Yahoo! Finance
Traditionally, building materials companies have built competitive advantages with economies of scale, brand recognition, and strong relationships with builders and contractors. More recently, advances to address labor availability and job site productivity have spurred innovation. Additionally, companies in the space that can produce more energy-efficient materials have opportunities to take share. However, these companies are at the whim of construction volumes, which tend to be cyclical and can be impacted heavily by economic factors such as interest rates. Additionally, the costs of raw materials can be driven by a myriad of worldwide factors and greatly influence the profitability of building materials companies. The 8 building materials stocks we track reported a strong Q2. As a group, revenues beat analysts' consensus estimates by 1.9% while next quarter's revenue guidance was 2.9% above. Big picture, the Federal Reserve has a dual mandate of inflation and employment. The Show less Read more
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