Armstrong World Reports Q4 EPS Miss, While Revenues Beat Estimates
Armstrong World (NYSE:AWI) reported its Q4 results last week, with EPS coming in at $1.08, worse than the Street estimate of $1.12. Revenue was $304.5 million, better than the Street estimate of $299.33 million.
Adjusted EBITDA in the quarter was $91 million, shy of the Street estimate of $95 million and the adjusted EBITDA margin contracted 130bps to 29.9%.
The company provided its fiscal 2023 outlook, expecting EPS in the range of $4.80-$5.05, worse than the Street estimate of $5.25. Full-year revenue is expected to be in the range of $1.26-1.31 billion, compared to the Street estimate of $1.29 billion.
| Symbol | Price | %chg |
|---|---|---|
| 6367.T | 21900 | 0 |
| ARNA.JK | 705 | 0 |
| 002380.KS | 329500 | 0 |
| MLIA.JK | 366 | 0 |
Armstrong World Reports Q4 EPS Miss, While Revenues Beat Estimates
Armstrong World (NYSE:AWI) reported its Q4 results last week, with EPS coming in at $1.08, worse than the Street estimate of $1.12. Revenue was $304.5 million, better than the Street estimate of $299.33 million.
Adjusted EBITDA in the quarter was $91 million, shy of the Street estimate of $95 million and the adjusted EBITDA margin contracted 130bps to 29.9%.
The company provided its fiscal 2023 outlook, expecting EPS in the range of $4.80-$5.05, worse than the Street estimate of $5.25. Full-year revenue is expected to be in the range of $1.26-1.31 billion, compared to the Street estimate of $1.29 billion.
