Caisse de dépôt et placement du Québec ve druhém čtvrtletí koupila nový podíl v Armstrong World Industries za zhruba 1,02 milionu USD. Firma zároveň oznámila zpětný odkup akcií za 800 milionů USD.
Caisse de depot et placement du Quebec purchased a new stake in shares of Armstrong World Industries, Inc. (NYSE:AWI – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,352 shares of the construction company’s stock, valued at approximately $1,019,000.
Several other hedge funds have also made changes to their positions in AWI. Millennium Management LLC grew its position in Armstrong World Industries by 571.7% during the 1st quarter. Millennium Management LLC now owns 117,696 shares of the construction company’s stock worth $16,581,000 after purchasing an additional 100,175 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Armstrong World Industries by 142.0% in the first quarter. Jones Financial Companies Lllp now owns 3,061 shares of the construction company’s stock valued at $431,000 after purchasing an additional 1,796 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Armstrong World Industries by 63.3% in the first quarter. Goldman Sachs Group Inc. now owns 125,181 shares of the construction company’s stock valued at $17,636,000 after purchasing an additional 48,544 shares in the last quarter. Jane Street Group LLC boosted its position in shares of Armstrong World Industries by 144.2% in the first quarter. Jane Street Group LLC now owns 70,136 shares of the construction company’s stock worth $9,881,000 after buying an additional 41,417 shares during the period. Finally, Sivia Capital Partners LLC acquired a new stake in shares of Armstrong World Industries in the second quarter worth $291,000. Hedge funds and other institutional investors own 98.93% of the company’s stock.
Wall Street Analysts Forecast Growth AWI has been the topic of several recent analyst reports. DA Davidson initiated coverage on Armstrong World Industries in a research report on Monday, August 24th. They set a “buy” rating and a $215.00 price target on the stock. Jefferies Financial Group restated a “hold” rating and set a $190.00 price objective on shares of Armstrong World Industries in a research report on Wednesday, July 29th. UBS Group reaffirmed a “neutral” rating and set a $203.00 target price on shares of Armstrong World Industries in a research note on Wednesday, July 29th. Finally, Weiss Ratings downgraded Armstrong World Industries from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, August 25th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Armstrong World Industries presently has a consensus rating of “Moderate Buy” and an average target price of $213.25.
View Our Latest Stock Report on AWI Armstrong World Industries Trading Up 0.1% Shares of NYSE:AWI opened at $175.29 on Monday. The firm has a fifty day moving average of $168.29 and a two-hundred day moving average of $168.57. The firm has a market capitalization of $7.41 billion, a P/E ratio of 24.01, a price-to-earnings-growth ratio of 1.70 and a beta of 1.16. Armstrong World Industries, Inc. has a 12-month low of $150.28 and a 12-month high of $206.08. The company has a quick ratio of 1.06, a current ratio of 1.52 and a debt-to-equity ratio of 0.58.
Armstrong World Industries (NYSE:AWI – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The construction company reported $2.36 earnings per share for the quarter, topping analysts’ consensus estimates of $2.25 by $0.11. Armstrong World Industries had a net margin of 18.60% and a return on equity of 37.35%. The business had revenue of $472.00 million for the quarter, compared to the consensus estimate of $461.67 million. During the same period in the prior year, the business posted $2.09 earnings per share. Armstrong World Industries’s revenue for the quarter was up 11.2% compared to the same quarter last year. Armstrong World Industries has set its FY 2026 guidance at 8.300-8.500 EPS. On average, equities analysts expect that Armstrong World Industries, Inc. will post 8.39 EPS for the current fiscal year.
Armstrong World Industries Announces Dividend The company also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Wednesday, August 5th were paid a $0.339 dividend. The ex-dividend date was Wednesday, August 5th. This represents a $1.36 dividend on an annualized basis and a yield of 0.8%. Armstrong World Industries’s payout ratio is 18.63%.
Armstrong World Industries announced that its board has authorized a share buyback program on Tuesday, July 21st that permits the company to buyback $800.00 million in shares. This buyback authorization permits the construction company to repurchase up to 12.3% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.
(Free Report)
Armstrong World Industries, Inc is a leading global manufacturer of commercial ceiling and wall solutions. The company offers a diverse portfolio of acoustical, decorative and specialty ceiling systems designed to enhance interior environments in offices, healthcare facilities, schools, retail outlets and other non-residential settings. Through its focus on performance, aesthetics and sustainability, Armstrong World Industries addresses both functional and design requirements for architects, contractors and building owners.
Armstrong’s product range includes mineral fiber, fiberglass, wood wool, metal and stone wool ceiling panels, as well as suspension and grid systems.
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Armstrong World Industries za 2. čtvrtletí vykázala upravený zisk 2,36 USD na akcii a tržby 472 mil. USD, obojí nad odhady. Firma zároveň zvýšila výhled pro rok 2026.
A month has gone by since the last earnings report for Armstrong World Industries (AWI - Free Report) . Shares have added about 1.9% in that time frame, underperforming the S&P 500.
But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Armstrong World Industries due for a pullback? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent drivers for Armstrong World Industries, Inc. before we dive into how investors and analysts have reacted as of late.
Armstrong World Q2 Earnings & Sales Beat on AUV & Specialty GrowthArmstrong World reported second-quarter 2026 adjusted earnings of $2.36 per share, up 12.9% year over year. The figure topped the Zacks Consensus Estimate of $2.33 by 1.3%.
Net sales rose 11.2% to $472 million year over year and surpassed the consensus mark of $458 million by 3.1%. Favorable average unit value, higher volumes and broad-based demand in Architectural Specialties supported growth. Mineral Fiber volume advanced 2%, its strongest quarterly growth rate since early 2023.
Armstrong World’s Mineral Fiber Sales Gain on Price and MixMineral Fiber sales increased 7.9% to $288.2 million. Favorable AUV contributed $16 million, reflecting like-for-like pricing and richer mix as demand remained firm for higher-end products, including smooth white acoustical tiles. Higher volume added another $5 million.
Segment operating income rose 7% to $105.3 million, while adjusted EBITDA grew 6.8% to $129 million. Adjusted EBITDA margin slipped 50 basis points to 44.7% as freight and raw-material inflation and growth investments offset AUV gains, productivity and stronger WAVE contributions.
AWI’s Specialty Business Delivers Broad-Based ExpansionArchitectural Specialties revenues climbed 16.6% to $183.8 million. Organic sales added $15 million, while acquisitions contributed $11 million. Organic growth was 9%, with strength across most specialty product categories.
Segment operating income advanced 14.8% to $29.4 million, and adjusted EBITDA increased 10.4% to $37 million. The adjusted EBITDA margin fell 110 basis points to 20.4%, though the organic margin reached 21.4%. Strong order intake continued at a double-digit rate, led by transportation and education projects.
AWI Posts Solid Profit Growth Despite Margin PressureOperating income increased 8.6% year over year to $133.8 million. The upside reflected a $13 million benefit from sales volume growth, a $12 million benefit from favorable AUV and a $2 million increase in WAVE equity earnings.
These gains were partly offset by a $9 million rise in selling, general and administrative expenses and a $6 million increase in manufacturing costs. Operating margin contracted 70 basis points to 28.3%, while adjusted EBITDA margin declined 110 basis points to 35.2%.
Armstrong World Strengthens Cash Returns and LiquiditySecond-quarter adjusted free cash flow rose 14% to $100 million. For the first six months, net cash provided by operating activities increased to $125.9 million from $122.6 million, while capital expenditures totaled $41.7 million.
AWI repurchased 0.5 million shares for $75 million during the quarter at an average price of $163.20. The board added $800 million to the repurchase authorization and extended it through December 2029. Cash and cash equivalents were $78.6 million at June 30, 2026, compared with $112.7 million at year-end 2025.
AWI Raises 2026 Guidance Midpoints Across Key MetricsFor 2026, management now expects net sales of $1.77-$1.80 billion, implying growth of 9-11%. Adjusted EBITDA is projected at $605-$620 million, adjusted earnings at $8.30-$8.50 per share and adjusted free cash flow at $380-$395 million. The outlook assumes roughly 1% Mineral Fiber volume growth, about 6% AUV growth and mid-single-digit growth in WAVE equity earnings. Organic Architectural Specialties sales are expected to rise at a high-single-digit rate, with an adjusted EBITDA margin of about 20%.
How Have Estimates Been Moving Since Then?It turns out, fresh estimates flatlined during the past month.
VGM ScoresAt this time, Armstrong World Industries has a nice Growth Score of B, though it is lagging a bit on the Momentum Score front with a C. Following the exact same course, the stock has a grade of C on the value side, putting it in the middle 20% for value investors.
Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook Armstrong World Industries has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry PlayerArmstrong World Industries belongs to the Zacks Building Products - Miscellaneous industry. Another stock from the same industry, United Rentals (URI - Free Report) , has gained 0.2% over the past month. More than a month has passed since the company reported results for the quarter ended June 2026.
United Rentals reported revenues of $4.41 billion in the last reported quarter, representing a year-over-year change of +11.8%. EPS of $12.76 for the same period compares with $10.47 a year ago.
United Rentals is expected to post earnings of $13.67 per share for the current quarter, representing a year-over-year change of +16.8%. Over the last 30 days, the Zacks Consensus Estimate has changed +0.8%.
United Rentals has a Zacks Rank #2 (Buy) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of B.
Bank of Nova Scotia ve 2. čtvrtletí nově nakoupila 120 134 akcií Armstrong World Industries za zhruba 19,272 milionu USD. Firma zároveň oznámila čtvrtletní zisk na akcii (EPS) 2,36 USD a tržby 472,0 milionu USD.
Bank of Nova Scotia acquired a new stake in Armstrong World Industries, Inc. (NYSE:AWI – Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 120,134 shares of the construction company’s stock, valued at approximately $19,272,000. Bank of Nova Scotia owned about 0.28% of Armstrong World Industries at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of Armstrong World Industries during the 2nd quarter worth about $827,239,000. Capital International Investors grew its stake in Armstrong World Industries by 1.0% in the 4th quarter. Capital International Investors now owns 2,321,993 shares of the construction company’s stock valued at $443,736,000 after buying an additional 23,133 shares during the last quarter. Bank of Montreal Can raised its holdings in Armstrong World Industries by 18,679.7% in the 4th quarter. Bank of Montreal Can now owns 1,279,086 shares of the construction company’s stock valued at $244,433,000 after acquiring an additional 1,272,275 shares during the period. Geode Capital Management LLC raised its holdings in Armstrong World Industries by 6.5% in the 4th quarter. Geode Capital Management LLC now owns 1,015,154 shares of the construction company’s stock valued at $194,027,000 after acquiring an additional 61,647 shares during the period. Finally, AQR Capital Management LLC lifted its position in Armstrong World Industries by 7.8% during the fourth quarter. AQR Capital Management LLC now owns 961,185 shares of the construction company’s stock worth $183,682,000 after acquiring an additional 69,849 shares during the last quarter. 98.93% of the stock is owned by institutional investors.
Armstrong World Industries Stock Performance NYSE AWI opened at $179.01 on Monday. The firm has a 50-day moving average price of $166.21 and a two-hundred day moving average price of $169.15. Armstrong World Industries, Inc. has a 12-month low of $150.28 and a 12-month high of $206.08. The company has a market capitalization of $7.56 billion, a P/E ratio of 24.52, a P/E/G ratio of 1.74 and a beta of 1.16. The company has a quick ratio of 1.06, a current ratio of 1.52 and a debt-to-equity ratio of 0.58.
Armstrong World Industries (NYSE:AWI – Get Free Report) last announced its earnings results on Tuesday, July 28th. The construction company reported $2.36 EPS for the quarter, topping the consensus estimate of $2.25 by $0.11. The company had revenue of $472.00 million for the quarter, compared to analysts’ expectations of $461.67 million. Armstrong World Industries had a net margin of 18.60% and a return on equity of 37.35%. The business’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same period last year, the firm earned $2.09 earnings per share. Armstrong World Industries has set its FY 2026 guidance at 8.300-8.500 EPS. Analysts anticipate that Armstrong World Industries, Inc. will post 8.39 earnings per share for the current year. Armstrong World Industries announced that its board has initiated a stock repurchase program on Tuesday, July 21st that authorizes the company to buyback $800.00 million in outstanding shares. This buyback authorization authorizes the construction company to repurchase up to 12.3% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its stock is undervalued.
Armstrong World Industries Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Wednesday, August 5th were issued a $0.339 dividend. The ex-dividend date of this dividend was Wednesday, August 5th. This represents a $1.36 annualized dividend and a yield of 0.8%. Armstrong World Industries’s payout ratio is currently 18.63%.
Analysts Set New Price Targets A number of equities research analysts have recently issued reports on AWI shares. Weiss Ratings cut Armstrong World Industries from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 4th. UBS Group reissued a “neutral” rating and set a $203.00 price target on shares of Armstrong World Industries in a report on Wednesday, July 29th. Jefferies Financial Group restated a “hold” rating and issued a $190.00 price target on shares of Armstrong World Industries in a research note on Wednesday, July 29th. Finally, Evercore set a $200.00 price objective on Armstrong World Industries in a report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $213.00.
Read Our Latest Stock Report on Armstrong World Industries
Armstrong World Industries Company Profile (Free Report)
Armstrong World Industries, Inc is a leading global manufacturer of commercial ceiling and wall solutions. The company offers a diverse portfolio of acoustical, decorative and specialty ceiling systems designed to enhance interior environments in offices, healthcare facilities, schools, retail outlets and other non-residential settings. Through its focus on performance, aesthetics and sustainability, Armstrong World Industries addresses both functional and design requirements for architects, contractors and building owners.
Armstrong’s product range includes mineral fiber, fiberglass, wood wool, metal and stone wool ceiling panels, as well as suspension and grid systems.
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Danske Bank A S bought a new stake in Armstrong World Industries, Inc. (NYSE:AWI – Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 3,311 shares of the construction company’s stock, valued at approximately $531,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. bought a new position in Armstrong World Industries in the second quarter worth approximately $827,239,000. Bank of Montreal Can increased its holdings in shares of Armstrong World Industries by 18,679.7% during the fourth quarter. Bank of Montreal Can now owns 1,279,086 shares of the construction company’s stock valued at $244,433,000 after acquiring an additional 1,272,275 shares in the last quarter. Norges Bank acquired a new position in shares of Armstrong World Industries during the fourth quarter worth approximately $107,716,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Armstrong World Industries by 33,007.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 473,104 shares of the construction company’s stock worth $90,410,000 after purchasing an additional 471,675 shares during the period. Finally, SurgoCap Partners LP acquired a new position in shares of Armstrong World Industries during the fourth quarter worth approximately $72,020,000. 98.93% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In Several analysts recently issued reports on the stock. Evercore set a $200.00 price target on shares of Armstrong World Industries in a research report on Tuesday, April 28th. Jefferies Financial Group restated a “hold” rating and set a $190.00 price target on shares of Armstrong World Industries in a research note on Wednesday, July 29th. Weiss Ratings downgraded shares of Armstrong World Industries from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 4th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $203.00 price objective on shares of Armstrong World Industries in a research note on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Armstrong World Industries has an average rating of “Moderate Buy” and an average target price of $213.00.
Read Our Latest Report on AWI Armstrong World Industries Stock Performance Shares of Armstrong World Industries stock opened at $179.01 on Friday. The company has a market cap of $7.56 billion, a PE ratio of 24.52, a price-to-earnings-growth ratio of 1.74 and a beta of 1.16. Armstrong World Industries, Inc. has a 52 week low of $150.28 and a 52 week high of $206.08. The business has a 50 day moving average price of $166.21 and a 200-day moving average price of $169.27. The company has a quick ratio of 1.06, a current ratio of 1.52 and a debt-to-equity ratio of 0.58.
Armstrong World Industries (NYSE:AWI – Get Free Report) last announced its earnings results on Tuesday, July 28th. The construction company reported $2.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.25 by $0.11. Armstrong World Industries had a return on equity of 37.35% and a net margin of 18.60%.The company had revenue of $472.00 million for the quarter, compared to analysts’ expectations of $461.67 million. During the same quarter in the previous year, the firm earned $2.09 earnings per share. Armstrong World Industries’s quarterly revenue was up 11.2% on a year-over-year basis. Armstrong World Industries has set its FY 2026 guidance at 8.300-8.500 EPS. Equities analysts anticipate that Armstrong World Industries, Inc. will post 8.39 earnings per share for the current fiscal year.
Armstrong World Industries declared that its board has authorized a share repurchase plan on Tuesday, July 21st that permits the company to buyback $800.00 million in outstanding shares. This buyback authorization permits the construction company to purchase up to 12.3% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.
Armstrong World Industries Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, August 5th were paid a $0.339 dividend. The ex-dividend date was Wednesday, August 5th. This represents a $1.36 annualized dividend and a dividend yield of 0.8%. Armstrong World Industries’s dividend payout ratio is presently 18.63%.
Armstrong World Industries Company Profile (Free Report)
Armstrong World Industries, Inc is a leading global manufacturer of commercial ceiling and wall solutions. The company offers a diverse portfolio of acoustical, decorative and specialty ceiling systems designed to enhance interior environments in offices, healthcare facilities, schools, retail outlets and other non-residential settings. Through its focus on performance, aesthetics and sustainability, Armstrong World Industries addresses both functional and design requirements for architects, contractors and building owners.
Armstrong’s product range includes mineral fiber, fiberglass, wood wool, metal and stone wool ceiling panels, as well as suspension and grid systems.
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Armstrong World Industries zůstává podle článku na doporučení ke koupi díky růstu Mineral Fiber a Architectural Specialties. Tržby ve 2. čtvrtletí stouply o 11,2 % na 472 mil. USD a firma zvýšila výhled tržeb pro FY2026 na 1,77–1,80 mld. USD.
SummaryArmstrong World Industries is reiterated as a buy, driven by positive Mineral Fiber volume, robust Architectural Specialties growth, and improving office activity.Q2 revenue rose 11.2% y/y to $472M, with management raising FY2026 revenue guidance to $1.77–$1.80B, though margin pressure persists from recent acquisitions.Growth initiatives like Kanopi and ProjectWorks are gaining traction, targeting above-market Mineral Fiber volume and earlier project specification to boost win rates.Key monitoring points for AWI are conversion of initiatives to P&L impact, margin improvement in acquired businesses, and managing cost pressures, especially freight inflation.Maskot/DigitalVision via Getty Images
Investment action I previously gave Armstrong World Industries (AWI) a buy because of the positive Mineral Fiber volume, Architectural Specialties [AS] growth, and improving office activity. I am reiterating my buy. If AWI can sustain positive Mineral Fiber volume, convert strong
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Armstrong World Industries, Inc. (AWI) Q2 2026 Earnings Call July 28, 2026 10:00 AM EDT
Company Participants
Theresa Womble - Vice President of Investor Relations & Corporate Communications
Mark Hershey - President, CEO & Director
Christopher Calzaretta - Senior VP & CFO
Conference Call Participants
Susan Maklari - Goldman Sachs Group, Inc., Research Division
Tomohiko Sano - JPMorgan Chase & Co, Research Division
Adam Baumgarten - Vertical Research Partners, LLC
Keith Hughes - Truist Securities, Inc., Research Division
Rafe Jadrosich - BofA Securities, Research Division
Brian Biros - Thompson Research Group, LLC
Stephen Kim - Evercore ISI Institutional Equities, Research Division
John Lovallo - UBS Investment Bank, Research Division
Philip Ng - Jefferies LLC, Research Division
Presentation
Operator
Hello, and thank you for standing by. My name is Pete and I will be your conference operator today. At this time, I would like to welcome everyone to the Armstrong World Industries Second Quarter 2026 Earnings Call. [Operator Instructions] I would now like to turn the conference over to Theresa Womble, Vice President, Investor Relations and Corporate Communications. Please go ahead.
Theresa Womble
Vice President of Investor Relations & Corporate Communications
Thank you, and welcome, everyone, to our call this morning. On today's call, Mark Hershey, our CEO; and Chris Calzaretta, our CFO, will discuss Armstrong World Industries second quarter 2026 results and the rest of year outlook. We have provided a presentation to accompany these results that is available on the Investors section of the Armstrong World Industries website.
Our discussion of operating and financial performance will include non-GAAP financial measures within the meaning of SEC Regulation G. A reconciliation of these measures with the most directly comparable GAAP measures is included in the earnings press release and in the appendix of the presentation issued this morning. Both are available on our Investor Relations website. During this call, we will be making
Armstrong World Industries ve 2. čtvrtletí vykázala zisk na akcii 2,36 USD a tržby 472 mil. USD za čtvrtletí končící v červnu 2026, obojí nad odhady. Zisk na akcii byl také vyšší než 2,09 USD před rokem.
Armstrong World Industries (AWI - Free Report) came out with quarterly earnings of $2.36 per share, beating the Zacks Consensus Estimate of $2.33 per share. This compares to earnings of $2.09 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +1.29%. A quarter ago, it was expected that this ceiling and wall systems manufacturer would post earnings of $1.82 per share when it actually produced earnings of $1.69, delivering a surprise of -7.14%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Armstrong World Industries, which belongs to the Zacks Building Products - Miscellaneous industry, posted revenues of $472 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.97%. This compares to year-ago revenues of $424.6 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Armstrong World Industries shares have lost about 13.5% since the beginning of the year versus the S&P 500's gain of 8.3%.
What's Next for Armstrong World Industries?While Armstrong World Industries has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Armstrong World Industries was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.34 on $464.8 million in revenues for the coming quarter and $8.31 on $1.76 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Building Products - Miscellaneous is currently in the top 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Knife River (KNF - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 4.
This construction materials company is expected to post quarterly earnings of $1.11 per share in its upcoming report, which represents a year-over-year change of +24.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Knife River's revenues are expected to be $923.71 million, up 10.8% from the year-ago quarter.
Armstrong World má 28. července oznámit výsledky za 2. čtvrtletí, přičemž EPS má vzrůst o 11,5 % na 2,33 USD a tržby o 8 % na 458,4 mil. USD. Tahouny mají být cenová disciplína, renovace komerčních prostor a síla segmentu Architectural Specialties.
Key Takeaways Armstrong World is set to report Q2 results on July 28, with EPS seen rising 11.5% and revenues 8%.Pricing, commercial renovation demand and Architectural Specialties momentum are expected to lift sales.Productivity, higher WAVE contributions and easing tariff effects may support EBITDA and margins. Armstrong World Industries, Inc. (AWI - Free Report) is scheduled to report its second-quarter 2026 results on July 28, before the opening bell.
AWI’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarters, and missed on two occasions, with the average surprise being 2.9%.
How Are Estimates Placed for AWI Stock?The Zacks Consensus Estimate for second-quarter earnings per share (EPS) has remained unchanged at $2.33 over the past 60 days. The revised estimate indicates 11.5% year-over-year growth.
The consensus estimate for revenues is pegged at $458.4 million, indicating an 8% year-over-year rise from $424.6 million.
Factors Likely to Shape AWI’s Q2 PerformanceRevenues
Armstrong World’s second-quarter revenues are likely to have benefited from continued pricing discipline, resilient demand in commercial renovation markets and sustained momentum in the Architectural Specialties segment. The Mineral Fiber business is expected to remain supported by favorable Average Unit Value, modest volume growth and improving demand from federal-government customers. Recent acquisitions, including Eventscape, Parallel and Geometrik, are also likely to have contributed incremental revenues.
Commercial activity also remains healthy across transportation, airports, healthcare and data centers. Management highlighted strong Architectural Specialties quoting activity and low-double-digit order growth, providing good visibility into the second half of 2026.
This growth is reflected in contributions from AWI’s two reportable segments: Mineral Fiber, which accounted for approximately 63% of first-quarter 2026 revenues, and Architectural Specialties, which contributed about 37%. For the Mineral Fiber unit, revenues are currently pegged at $282.5 million, up from $267 million reported a year ago. The Zacks Consensus Estimate for the Architectural Specialties segment revenues is currently pegged at $176.7 million compared with $157.6 million reported a year ago.
Armstrong World’s innovation initiatives are expected to remain another important growth driver. Continued adoption of PROJECTWORKS and Kanopi should support specification wins, customer engagement and pricing. At the same time, TEMPLOK energy-saving ceiling systems and the company’s expanding portfolio of data-center solutions are positioned to benefit from increasing demand for energy-efficient commercial buildings and AI-driven digital infrastructure. Management expects these initiatives to generate up to 1.5 percentage points of volume growth above underlying market demand in 2026.
Earnings & Margins
Armstrong World’s earnings are expected to benefit from pricing, productivity gains and higher WAVE contributions in the Mineral Fiber segment, supporting its full-year adjusted EBITDA margin target of about 44%. Our model projects second-quarter adjusted EBITDA to rise 7.9% year over year to $166.1 million.
Architectural Specialties margins are also expected to improve sequentially as the one-time tariff impact fades, acquisitions scale and recent growth investments begin to support operating leverage. However, higher raw-material and energy costs, elevated selling expenses, acquisition-integration costs and continued investments in growth initiatives could partially offset these benefits during the quarter.
What the Zacks Model Says for Armstrong WorldOur proven model does not conclusively predict an earnings beat for Armstrong World this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is not the case here, as you will see below.
AWI’s Earnings ESP: The company has an Earnings ESP of 0.00%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
AWI’s Zacks Rank: The stock currently carries a Zacks Rank of 3.
Stocks With the Favorable CombinationHere are some companies in the Zacks Construction sector that, according to our model, have the right combination of elements to post an earnings beat in the quarter to be reported.
Boise Cascade Company (BCC - Free Report) has an Earnings ESP of +6.50% and a Zacks Rank of 2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Boise Cascade’s earnings beat estimates in two of the last four quarters, missed on one occasion and met on the remaining occasion, the average surprise being 40.8%. BCC’s earnings for the second quarter of 2026 are expected to decline 25% year over year.
CRH plc (CRH - Free Report) currently has an Earnings ESP of +4.08% and a Zacks Rank of 3.
CRH’s earnings beat estimates in two of the last four quarters, missed on one occasion and met on the remaining occasion, the average surprise being 0.7%. CRH’s earnings for the second quarter of 2026 are expected to inch up 1% year over year.
Limbach Holdings, Inc. (LMB - Free Report) has an Earnings ESP of +0.26% and a Zacks Rank of 3 at present.
Limbach’s earnings beat estimates in three of the last four quarters and missed on the remaining one occasion, the average surprise being 37.3%. LMB’s earnings for the second quarter of 2026 are expected to rise 5.4% year over year.
Armstrong World Industries schválila dodatečný odkup akcií za 800 milionů USD, čímž program zvýšila na 2,5 miliardy USD do 31. prosince 2029. Zároveň vyhlásila čtvrtletní dividendu 0,339 USD na akcii.
LANCASTER, Pa.--(BUSINESS WIRE)--Armstrong World Industries, Inc. (NYSE:AWI), an Americas leader in the design and manufacture of innovative interior and exterior architectural applications including ceilings, specialty walls and exterior metal solutions, announced today that its Board of Directors has approved an additional $800 million authorization to repurchase shares under the Company's existing share repurchase program, increasing the total authorized amount under the program to $2.5 billion, and extending the program through Dec. 31, 2029.
In addition, the Board of Directors has declared a cash dividend of $0.339 per share of common stock. The dividend will be paid on Aug. 19, 2026, to shareholders on record as of the close of business on Aug. 5, 2026.
"I'm pleased to announce the Board’s approval of this $800 million increase in our share repurchase authorization which, along with our quarterly dividend, reflects the fundamental strength of our business model and its ability to consistently generate strong Adjusted Free Cash Flow," said Chris Calzaretta, SVP and CFO of Armstrong World Industries. "With our consistent approach to capital allocation and a healthy balance sheet, we are well-positioned for continued long-term shareholder value creation."
Pursuant to the share repurchase program, the Company may purchase shares of its common stock at times and in such amounts as management deems appropriate, subject to market and business conditions, regulatory requirements and other factors. Repurchases under the program may be made through open market, block and privately-negotiated transactions, including Rule 10b5-1 plans. The expanded program, unless otherwise determined by the Board of Directors, does not obligate the Company to purchase any particular amounts of common stock and may be suspended or discontinued at any time without notice. The declaration and payment of future dividends and capital allocations will be at the discretion of the Board of Directors and will be dependent upon, among other things, the company's financial position, results of operations and cash flow.
About Armstrong
Armstrong World Industries, Inc. (AWI) is an Americas leader in the design and manufacture of innovative interior and exterior architectural applications including ceilings, specialty walls and exterior metal solutions. For more than 165 years, Armstrong has delivered products and capabilities that enable architects, designers and contractors to transform building design and construction with elevated aesthetics, acoustics and sustainable attributes. With $1.6 billion in revenue in 2025, AWI has approximately 4,000 employees and a manufacturing network of 24 facilities, plus seven facilities dedicated to its WAVE joint venture.
