Armstrong World Industries (NYSE:AWI – Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 6.850-7.150 for the period, compared to the consensus earnings per share estimate of 6.870. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.5 billion. Armstrong World Industries also updated its FY25 guidance to $6.85 to $7.15 EPS.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on AWI shares. StockNews.com lowered shares of Armstrong World Industries from a “buy” rating to a “hold” rating in a report on Tuesday. Loop Capital lifted their price target on Armstrong World Industries from $135.00 to $145.00 and gave the company a “hold” rating in a research note on Wednesday, October 30th. UBS Group upped their price objective on Armstrong World Industries from $150.00 to $158.00 and gave the stock a “neutral” rating in a research report on Wednesday. Evercore ISI lifted their target price on Armstrong World Industries from $127.00 to $140.00 and gave the company an “in-line” rating in a research report on Wednesday, October 30th. Finally, Truist Financial upped their price target on Armstrong World Industries from $162.00 to $175.00 and gave the stock a “buy” rating in a research report on Thursday. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $148.00.
Check Out Our Latest Research Report on Armstrong World Industries
Armstrong World Industries Stock Performance
Armstrong World Industries (NYSE:AWI – Get Free Report) last posted its earnings results on Tuesday, February 25th. The construction company reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.37 by $0.13. Armstrong World Industries had a return on equity of 40.67% and a net margin of 17.95%. The business had revenue of $367.70 million for the quarter, compared to analyst estimates of $364.98 million. During the same period in the previous year, the firm earned $1.22 EPS. The firm’s revenue was up 17.7% compared to the same quarter last year. On average, analysts expect that Armstrong World Industries will post 6.18 earnings per share for the current fiscal year.
Armstrong World Industries Dividend Announcement
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 paid a dividend of $0.308 per share. This represents a $1.23 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date is Thursday, March 6th. Armstrong World Industries’s dividend payout ratio is presently 21.69%.
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.
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