Armstrong World Industries, Telular Corporation Higher Today (WRLS, AWI)

A couple of stocks that are really moving today are Armstrong World Industries, Inc. AWI and Telular Corporation WRLS. Armstrong World is gaining more than 11% today after the company reported better than expected earnings, and upped its outlook. The maker of flooring products said it earned excluding items, 83 cents a share on revenues of $739.8 million. Analysts expected 64 cents per share on revenues of $761.1 million. The company also raised its outlook, saying it now expects to earn $1.69-$1.79 per share, up from the $1.55-$1.75 per share it expected. WRLS is up sharply today, after the company announced a special dividend of $1 per share. It's up $1.79 per share to $5.84, a gain of more than 44%.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!