Armstrong World Industries Inc. (AWI) released a profit for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's earnings came in at $62.2 million, or $1.42 per share. This compares with $46.8 million, or $1.06 per share, last year.
Excluding items, Armstrong World Industries Inc. reported adjusted earnings of $66 million or $1.50 per share for the period.
Analysts on average had expected the company to earn $1.38 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 17.7% to $367.7 million from $312.3 million last year.
Armstrong World Industries Inc. earnings at a glance (GAAP) :
-Earnings: $62.2 Mln. vs. $46.8 Mln. last year.-EPS: $1.42 vs. $1.06 last year.-Revenue: $367.7 Mln vs. $312.3 Mln last year.
Looking ahead, for the full-year 2025, AWI expects a rise in earnings and revenue.
AWI expects annual adjusted earnings per share of $6.85 to $7.15, with sales of $1.570 billion to $1.610 billion.
For the full-year 2024, the company has reported adjusted income per share of $6.31, on sales of $1.446 billion.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.