AWI News and Press, Armstrong World Industries Inc From 10/25/22

Armstrong World press release ( NYSE: AWI ): Q3 Non-GAAP EPS of $1.36 misses by $0.11 . Revenue of $325M (+11.2% Y/Y) misses by $6.54M . 2022 Guidance: Net Sales of $1.22B-$1.235B from prior outlook of $1.225B-$1.245B vs consensus of $1.25B, adjusted EBITD...

Net sales up 11% versus the prior-year quarter Operating income up 2% and diluted earnings per share from continuing operations up 11% versus the prior-year quarter Adjusted EBITDA up 5% and adjusted diluted earnings per share up 16% versus the prior-year quarter Revising 2022...

Armstrong World ( NYSE: AWI ) declares $0.254/share quarterly dividend , 10% increase from prior dividend of $0.231. Forward yield 1.28% Payable Nov. 17; for shareholders of record Nov. 3; ex-div Nov. 2. See AWI Dividend Scorecard, Yield Chart, & Divi...

LANCASTER, Pa., Oct. 11, 2022 (GLOBE NEWSWIRE) -- Armstrong World Industries, Inc. (NYSE:AWI), a leader in the design, innovation and manufacture of ceiling and wall solutions in the Americas, will release its third-quarter 2022 results before the market opens on Tuesday, Oct. 25 and host a...

Summary Through organic cash generation and working capital decreases, Fortune Brands Home & Security, Inc. has the potential to generate $24/share of cumulative levered FCF through 2024 on a $55 stock. Even with a 2% dividend and acquisitions, enough cash will be generated to...

Summary Armstrong World Industries is operationally a fine company that likely has a bright future in store for its shareholders. Long-term, the company should fare well, and the near-term outlook provided by management is promising as well. But given how shares are priced and...

Summary The management team at UFP Industries continues to demonstrate strong financial performance by the enterprise. Shares look quite cheap right now, but the business doesn't need this strong performance to warrant upside potential. It's difficult to see much downside, eve...

Deutsche Bank analyst Joe Ahlersmayer initiated coverage on 22 building supplies and materials stocks Thursday, with Buy ratings on 12 of them. He issued one Sell rating, with the rest getting Hold recommendations. His largely bullish view on the homebuilding sector relies on t...

Yacktman's 13F equity portfolio value decreased from $11.21B to $9.64B this quarter. Yacktman Asset Management added Warner Bros. Discovery and Embecta Corp. while decreasing Sysco Corporation and Coca-Cola Company. Yacktman’s largest five stakes are at ~31% of the portfoli...

William von Mueffling's 13F portfolio value decreased this quarter from $14.01B to $11.98B. Cantillon increased Microsoft, BlackRock, Interactive Brokers, and Endeavor Group Holdings during the quarter. They also added Adobe Systems and Hayward Holdings. The portfolio continues to...