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© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
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!
Already a member?Sign in