AWI Earnings Prediction
The chart below shows how AWI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AWI sees a -2.36% change in stock price 10 days leading up to the earnings, and a +1.55% change 10 days following the report. On the earnings day itself, the stock moves by +0.82%. This data can give you a slight idea of what to expect for the next quarter's release.
AWI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
386.60M
11.32%
5.89%
Gross Margin
42.45%
4.27%
3.82%
Operating Margin
22.37%
1.18%
17.67%
Net Margin
19.89%
-0.60%
10.19%
EPS
1.75
12.18%
16.67%
No Data Available
AWI Earnings Analysis
Armstrong World Industries, Inc. Corporation (AWI.N) Earnings Conference Call
Positive
Record Sales and Earnings Growth: Arms strong delivered another quarter of strong results with record setting third quarter sales and strong earnings growth, enabling us to once again raise our earnings guidance for full-year 2024.
Record Sales and Earnings Growth: Total company sales and adjusted EBITDA were at record setting levels, each increased 11% from prior year results, while adjusted diluted earnings per share increased 13%.
Mineral Fiber Sales Increase: Mineral Fiber net sales increased 3% on solid AUV performance, more than offsetting a modest decline in sales volumes.
EBITDA Margin Expansion: Mineral Fiber adjusted EBITDA rose 8% in the quarter and adjusted EBITDA margin reached almost 44%, marking the seventh consecutive quarter of year-over-year adjusted EBITDA margin expansion.
Quarterly Dividend Increase: We announced a 10% increase to our quarterly dividend, marking the sixth consecutive annual increases since the inception of our dividend program in 2018.
Negative
Mineral Fiber Sales Increase: Mineral Fiber sales increased 3% in the quarter, driven by favorable AUV of 4%, partially offset by modestly lower sales volumes.
AUV Increase Drivers: The increase in AUV was driven by strong like-for-like pricing with flat mix on a very strong prior year comparison.
Market Stabilization Efforts: Market conditions continued to stabilize in the quarter and our initiatives, along with higher volumes in our retail channel, partially offset market softness.
EBITDA Growth and Margin Expansion: Mineral Fiber adjusted EBITDA grew by 8% with adjusted EBITDA margin expanding 200 basis points to 44% despite modestly softer volumes.
Mineral Fiber Volume Decline: We expect full-year Mineral Fiber volume to be down about 1%.
AWI FAQs
How does AWI typically perform around its earnings report dates?
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AWI Earning Call Sentiment
Armstrong World Industries, Inc. (AWI) Q3 2024 Earnings Call Transcript
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AWI.N
-2.05%Positive
The earnings call indicates strong financial performance with record-setting sales and EBITDA growth. The company announced a 10% dividend increase and substantial share repurchases, reflecting confidence in its strategy. While competitive pressures exist, management's positive outlook on productivity gains and stable input costs is reassuring. The Q&A section reinforced optimism, with management highlighting growth opportunities and operational leverage. Despite some uncertainties, such as hurricane impacts, the overall sentiment is positive, suggesting a likely stock price increase of 2% to 8% over the next two weeks.
