Armstrong World Indus (NYSE:AWI) reported its Q4 earnings results on Tuesday, February 22, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
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Earnings
Armstrong World Indus beat estimated earnings by 3.81%, reporting an EPS of $1.09 versus an estimate of $1.05.
Revenue was up $43.80 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.11 which was followed by a 1.41% increase in the share price the next day.
Here's a look at Armstrong World Indus's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.28 | 1.04 | 0.90 | 0.67 |
| EPS Actual | 1.17 | 1.16 | 0.84 | 0.77 |
| Revenue Estimate | 292.00M | 264.94M | 241.83M | 231.00M |
| Revenue Actual | 292.20M | 280.00M | 251.90M | 238.70M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Armstrong World Indus management provided guidance for their next quarter, expecting earnings between $5.0 and $5.2 per share for the next quarter.
This represents a 367.89% in quarter-over-quarter growth for Armstrong World Indus, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
