Armstrong World (AWI) Tops Q4 EPS by 1c

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Armstrong World Industries Reports Fourth Quarter and Full Year 2016 Results

February 27, 2017 7:01 AM EST

Key Highlights

Operating income from continuing operations of $40.3 million, up $34 million over Q4'15 AUV accelerates in the Americas, driving sales growth of 360 bps over Q4'15 Americas full year volume grew 2.5% driving sales growth of 4.3% Repurchased 0.9M shares in Q4, bringing full year total to 1.1M shares, approximately 2% of float 2017 midpoint of guidance reflects 6% revenue growth and... More