Earnings Summary

Armstrong World Industries, Inc.’s revenue jumped 1.37% since last year same period to $325.4Mn in the Q2 2023. On a quarterly growth basis, Armstrong World Industries, Inc. has generated 4.9% jump in its revenue since last 3-months.

Armstrong World Industries, Inc.’s net profit jumped 15.33% since last year same period to $60.2Mn in the Q2 2023. On a quarterly growth basis, Armstrong World Industries, Inc. has generated 27.27% jump in its net profits since last 3-months.

Armstrong World Industries, Inc.’s net profit margin jumped 13.77% since last year same period to 18.5% in the Q2 2023. On a quarterly growth basis, Armstrong World Industries, Inc. has generated 21.33% jump in its net profit margins since last 3-months.

Armstrong World Industries, Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.14 - a -22.45% fall from last quarter’s estimates.

Armstrong World Industries, Inc.’s earning per share (EPS) estimates for the current year stand at 1.14.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Armstrong World Industries, Inc.’s return on assets (ROA) stands at 0.09.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Armstrong World Industries, Inc.’s return on equity (ROE) stands at 0.39.

Armstrong World Industries, Inc. declared 0.25 dividend per share during the earnings announcement for Q1 2023.