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Stock impact report

Why Is Armstrong World Industries (AWI) Up 14.1% Since Last Earnings Report? [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
Will the recent positive trend continue leading up to its next earnings release, or is Armstrong World Industries due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Armstrong World reported solid results for third-quarter 2024, wherein earnings and net sales topped the Zacks Consensus Estimate and increased on a year-over-year basis. The company's growth trend was backed by solid contributions from the Mineral Fiber as well as Architectural Specialties segments. Growth was attributable to the increase in average unit value (AUV) and volume. Also, contributions from recent acquisitions aided the uptrend. Given the solid third-quarter results and improved line of sight for the full year, Armstrong World raised its 2024 guidance for adjusted EBITDA, adjusted earnings per share (EPS) and adjusted free cash flow. Armstrong Wo Show less Read more
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