Recap: Armstrong World Q4 Earnings

Armstrong World Indus AWI reported its Q4 earnings results on Tuesday, February 22, 2022 at 06:00 AM.

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

Armstrong World Indus beat estimated earnings by 3.81%, reporting an EPS of $1.09 versus an estimate of $1.05.

Revenue was up $43.80 million from the same period last year.

Last quarter the company missed on EPS by $0.11 which was followed by a 1.41% increase in the share price the next day.

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

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	1.28	1.04	0.90	0.67
EPS Actual	1.17	1.16	0.84	0.77
Revenue Estimate	292.00M	264.94M	241.83M	231.00M
Revenue Actual	292.20M	280.00M	251.90M	238.70M

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).

Armstrong World Indus management provided guidance for their next quarter, expecting earnings between $5.0 and $5.2 per share for the next quarter.

This represents a 367.89% in quarter-over-quarter growth for Armstrong World Indus, a bullish signal to many investors.

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

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