These Analysts Boost Their Forecasts On Armstrong World Industries Following Better-Than-Expected Earnings

Armstrong World Industries, Inc. (NYSE:AWI) reported better-than-expected earnings for the third quarter on Tuesday.

The company posted quarterly earnings of $1.81 per share which beat the analyst consensus estimate of $1.75 per share. The company reported quarterly sales of $386.60 million which missed the analyst consensus estimate of $386.69 million.

“With another quarter of record setting sales and strong earnings growth, we continue to demonstrate our ability to deliver growth despite muted market conditions through operational execution and our investments in strategic acquisitions, innovation and digital initiatives,” said Vic Grizzle, President and CEO of Armstrong World Industries. “As market demand continues to stabilize, we are well positioned to deliver full ...