Armstrong World Industries Reports Third Quarter 2020 Results
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Armstrong World (AWI) Tops Q3 EPS by 20c, Revenues Beat; Offers FY20 Revenue Guidance Above Consensus
October 27, 2020 6:11 AM EDTArmstrong World (NYSE: AWI) reported Q3 EPS of $1.13, $0.20 better than the analyst estimate of $0.93. Revenue for the quarter came in at $246.3 million versus the consensus estimate of $228.3 million.
Net sales of $246.3 million, down 11% versus the prior year quarterOperating income of $72.3 million, down 36% versus the prior year quarterAdjusted EBITDA down 19% versus the prior year quarterAcquired Turf Design and Moz Designs during the quarter2020 Guidance: Net... More