AWI - Armstrong World EPS beats by $0.11 beats on revenue

Armstrong World (AWI): Q2 Non-GAAP EPS of $1.16 beats by $0.11; GAAP EPS of $1.14 beats by $0.09.Revenue of $280M (+37.8% Y/Y) beats by $7.77M."As a result of our team’s solid execution through the first half of the year, a robust project pipeline and additional clarity around the current marketplace, we are elevating our 2021 guidance. We now expect to grow net sales 16% to 18% and adjusted EBITDA 12% to 15% versus the prior year, as we continue to invest to capitalize on improving market conditions,” said Brian MacNeal, AWI CFO.Press Release

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Armstrong World EPS beats by $0.11, beats on revenue