Record Sales and Earnings Highlight Robust Quarter
Armstrong World Industries (AWI) delivered earnings and revenue surprises of 14.05% and 2.66%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
LANCASTER, Pa., April 30, 2024--Armstrong World Industries, Inc. (NYSE:AWI), a leader in the design, innovation and manufacture of ceiling and wall solutions in the Americas, today reported record first-quarter 2024 financial results highlighted by solid sales growth and strong operational performance driving operating income and adjusted EBITDA margin expansion.