Armstrong World Industries Q1 Adjusted Earnings, Net Sales Rise; Raises 2026 Adjusted EPS Guidance

Fidelity
2026.04.28 10:27
portai
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Armstrong World Industries (AWI) reported Q1 adjusted earnings of $1.69 per diluted share, slightly below analysts' expectations of $1.81. Net sales rose to $409.9 million from $382.7 million year-over-year, meeting expectations. For 2026, the company raised its adjusted EPS guidance to $8.15-$8.45, up from $8.05-$8.35. Full-year net sales guidance remains at $1.75 billion to $1.79 billion. Shares fell over 2% in premarket trading, priced at $173.00, down $4.75.