Recap: Armstrong World Q2 Earnings

Armstrong World Indus AWI reported its Q2 earnings results on Tuesday, July 26, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Armstrong World Indus missed estimated earnings by 5.84%, reporting an EPS of $1.29 versus an estimate of $1.37.

Revenue was up $41.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.12 which was followed by a 0.94% drop in the share price the next day.

Here's a look at Armstrong World Indus's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Armstrong World Indus management provided guidance for FY 2022, expecting earnings between $5.1 and $5.2 per share.

To track all earnings releases for Armstrong World Indus visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.