The market expects Armstrong World Industries (AWI) to ship a year-over-year enhance in earnings on
The market expects Armstrong World Industries (AWI) to ship a year-over-year enhance in earnings on larger revenues when it studies outcomes for the quarter ended September 2019. This widely-known consensus outlook is vital in assessing the corporate’s earnings image, however a robust issue that may affect its near-term inventory value is how the precise outcomes examine to those estimates.
The earnings report, which is anticipated to be launched on October 28, 2019, may assist the inventory transfer larger if these key numbers are higher than expectations. Alternatively, in the event that they miss, the inventory might transfer decrease.
Whereas the sustainability of the instant value change and future earnings expectations will principally rely upon administration’s dialogue of enterprise circumstances on the earnings call, it is value handicapping the chance of a constructive EPS shock.
Zacks Consensus Estimate
This ceiling and wall methods producer is anticipated to submit quarterly earnings of $1.30 per share in its upcoming report, which represents a year-over-year change of…