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0 0 0 0.000790652727751941 0.00197663181937985 0.00404111394184317 0.00518316788192922 0.00821400333831154
Stock impact report

Armstrong World (AWI) Surges 64.3% in 6 Months: Here's Why [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
Contributions from recent acquisitions, digital initiatives and new product launches are encouraging. Markedly, the company's fourth-quarter 2023 results showcased solid contributions from the Mineral Fiber as well as Architectural Specialties segments despite soft market conditions. The growth was attributable to the increase in AUV, driven by favorable pricing and volumes. Also, contributions from recent acquisitions aided the uptrend. This was reflected in record-setting sales and adjusted EBITDA growth (up 6.9% from the year-ago quarter) along with adjusted EBITDA margin expansion (rose 130 basis points year over year). Shares of this Zacks Rank #1 (Strong Buy) company's shares surged 64.3% in the past six months, outperforming the Zacks Building Products - Miscellaneous industry's 41.4% growth, the Zacks Construction sector's 36.1% increase and S&P 500 Index's 17.2% rise. Image Source: Zacks Investment Research The Zacks Consensus Estimate for the company's 2024 earnings Show less Read more
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