Armstrong World (AWI) Misses Q2 EPS by 8c

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Go back to Armstrong World (AWI) Misses Q2 EPS by 8c

Armstrong World Industries Reports Second-Quarter 2022 Results

July 26, 2022 6:05 AM EDT

Key Second-Quarter Highlights

Net sales up 15% versus the prior-year quarterOperating income down 9% and diluted earnings per share from continuing operations down 3% versus the prior-year quarter including higher charges for 2020 acquisition-related fair value adjustmentsAdjusted EBITDA up 2% and adjusted diluted earnings per share up 11% versus the prior-year quarterUpdating 2022 Guidance: Net Sales of +11% to 13%, adjusted EBITDA of +10% to 13% versus prior year

LANCASTER, Pa., July 26, 2022 (GLOBE NEWSWIRE) -- Armstrong World Industries, Inc. (NYSE: AWI), a leader in the design, innovation and manufacture of... More