Armstrong World Industries (AWI) Releases FY12 Earnings Guidance
Armstrong World Industries (AWI) updated its FY12 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of $2.35-2.65 for the period.
A number of research firms have also recently commented on AWI. Analysts at Barclays Capital downgraded shares of Armstrong World Industries from an overweight rating to an equal weight rating in a research note to investors on Monday, August 20th. They now have a $48.00 price target on the stock, down previously from $50.00. On a related note, analysts at RBC Capital downgraded shares of Armstrong World Industries from a top pick rating to a sector perform rating in a research note to investors on Thursday, August 2nd.
Armstrong World Industries (AWI) opened at 48.77 on Monday. Armstrong World Industries (AWI) has a 1-year low of $37.82 and a 1-year high of $59.78. The company has a market cap of $2.868 billion and a price-to-earnings ratio of 23.20.
Armstrong World Industries, Inc. (AWI) is a global producer of flooring products and ceiling systems for use primarily in the construction and renovation of residential, commercial and institutional buildings.
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