DexCom earnings beat by $0.03, revenue topped estimates
LANCASTER, Pa. - On Tuesday, Armstrong World Industries, Inc. (NYSE:AWI) reported second-quarter 2025 financial results that surpassed analyst expectations, with strong performance across both its business segments.
The company saw its shares rise 1.70% in after-hours trading following the earnings release.
The ceiling and specialty wall manufacturer posted adjusted earnings of $2.09 per share, significantly beating the analyst estimate of $1.78. Revenue reached $425 million, exceeding the consensus estimate of $404.05 million and representing a 16.3% increase compared to the same quarter last year.
"With strong performance across our enterprise, we delivered robust top and bottom-line growth with margin expansion in both our Mineral Fiber and Architectural Specialties segments," said AWI President and CEO Vic Grizzle.
The company’s Mineral Fiber segment saw net sales increase 6.7% to $267 million, while the Architectural Specialties segment experienced a 37.2% jump to $157.6 million. Operating income rose 29.7% to $123.2 million, with operating income margin expanding 300 basis points to 29%.
The strong performance was driven by higher volumes contributing $46 million and favorable Average Unit Value adding $14 million. The Architectural Specialties segment benefited from a $28 million contribution from the 2024 acquisitions of 3form and Zahner.
Based on these results, Armstrong World raised its full-year 2025 guidance. The company now expects revenue between $1.6 billion and $1.63 billion, adjusted EBITDA of $545-$560 million, and adjusted earnings per share of $7.15-$7.30.
"Given these strong first half results, we are increasing our guidance for all key metrics," said Chris Calzaretta, AWI Senior Vice President and CFO. "We are well-positioned to deliver strong results for the remainder of the year as we continue to demonstrate the resilience of our business model."
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