Armstrong World (AWI) Misses Q1 EPS by 12c; Offers FY 2022 Guidance

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Go back to Armstrong World (AWI) Misses Q1 EPS by 12c; Offers FY 2022 Guidance

Armstrong World Industries Reports First-Quarter 2022 Results

April 26, 2022 6:05 AM EDT

Key First-Quarter Highlights

Net sales up 12% versus the prior-year quarterOperating income up 17% and diluted earnings per share from continuing operations up 21% versus the prior-year quarterAdjusted EBITDA up 3% and adjusted diluted earnings per share up 7% versus the prior-year quarterMaintaining 2022 Guidance: Net Sales of +10% to 13%, adjusted EBITDA of +10% to 16% and adjusted Free Cash Flow of +13% to 24% versus the prior year

LANCASTER, Pa., April 26, 2022 (GLOBE NEWSWIRE) -- Armstrong World Industries, Inc.... More