Armstrong World (AWI) Misses Q4 EPS by 4c; Guides for FY23

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Armstrong World Industries Reports Fourth-Quarter and Full Year 2022 Results

February 21, 2023 6:15 AM EST

Fourth-Quarter 2022 Results

Net sales up 8% versus the prior-year quarter with Mineral Fiber segment sales up 4% and Architectural Specialties segment sales up 18%Operating income up 27% and diluted earnings per share from continuing operations up 22% versus the prior-year quarterAdjusted EBITDA up 5% and adjusted diluted earnings per share down 1% versus the prior-year quarter

Full Year 2022 Results

Net sales up 11% versus prior year with Mineral Fiber segment sales up 8% and... More