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NEW YORK - On Tuesday, Armstrong World Industries Inc (NYSE:AWI) reported fourth-quarter earnings and revenue that surpassed analyst estimates.
The company’s shares were up 3.55% in early trading.
The interior and exterior architectural applications manufacturer posted adjusted earnings per share of $1.50, beating the consensus forecast of $1.39. Revenue came in at $368 million, topping expectations of $351.48 million.
Net sales increased 17.7% YoY, driven by higher sales volumes of $36 million and favorable average unit value of $20 million. The Mineral Fiber segment saw net sales rise $18 million, while Architectural Specialties net sales jumped $38 million.
"These strong fourth-quarter results capped off another year of significant growth for Armstrong with record-setting sales and earnings," said CEO Vic Grizzle.
For full-year 2025, Armstrong World Industries expects earnings per share between $6.85 and $7.15, compared to the $6.87 analyst consensus. The company forecasts revenue of $1.57 billion to $1.61 billion, versus estimates of $1.539 billion.
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