Armstrong World Industries (NYSE:AWI) Releases Earnings Results, Beats Estimates By $0.12 EPS

Armstrong World Industries (NYSE:AWI) announced its quarterly earnings results on Tuesday. The construction company reported $1.50 EPS for the quarter, topping the consensus estimate of $1.38 by $0.12, Zacks reports. The firm had revenue of $367.70 million for the quarter, compared to analyst estimates of $352.09 million. Armstrong World Industries had a net margin of 17.95% and a return on equity of 40.67%. Armstrong World Industries’s revenue for the quarter was up 17.7% compared to the same quarter last year. During the same period last year, the business earned $1.22 EPS. 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 Price Performance

Shares of AWI stock opened at $154.58 on Tuesday. Armstrong World Industries has a twelve month low of $110.68 and a twelve month high of $164.40. The company has a market capitalization of $6.74 billion, a PE ratio of 27.23, a price-to-earnings-growth ratio of 1.60 and a beta of 1.19. The company has a current ratio of 1.64, a quick ratio of 1.11 and a debt-to-equity ratio of 0.78. The firm has a fifty day simple moving average of $147.46 and a 200-day simple moving average of $141.81.

Armstrong World Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be given a $0.308 dividend. This represents a $1.23 annualized dividend and a dividend yield of 0.80%. The ex-dividend date is Thursday, March 6th. Armstrong World Industries’s payout ratio is 21.69%.

Analyst Ratings Changes

A number of research firms have weighed in on AWI. Evercore ISI increased their price objective on Armstrong World Industries from $127.00 to $140.00 and gave the stock an “in-line” rating in a research report on Wednesday, October 30th. Loop Capital boosted their target price on shares of Armstrong World Industries from $135.00 to $145.00 and gave the stock a “hold” rating in a research report on Wednesday, October 30th. Truist Financial upped their price target on Armstrong World Industries from $148.00 to $162.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. UBS Group raised their target price on shares of Armstrong World Industries from $136.00 to $144.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. Finally, StockNews.com upgraded shares of Armstrong World Industries from a “hold” rating to a “buy” rating in a research report on Wednesday, January 22nd. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Armstrong World Industries currently has a consensus rating of “Hold” and a consensus target price of $142.60.

About Armstrong World Industries

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.