Overview

* Armstrong Q2 sales rise 16% to $425 mln, beating analyst expectations

* Adjusted EPS for Q2 up 29%, surpassing consensus estimates

* Company raises full-year 2025 guidance amid macroeconomic uncertainties

Outlook

* Company raises full-year 2025 net sales guidance to $1.6 bln-$1.63 bln

* Company expects 2025 adjusted EBITDA of $545 mln to $560 mln

* Company forecasts 2025 adjusted EPS of $7.15 to $7.30

* Company anticipates 2025 adjusted free cash flow of $330 mln to $345 mln

Result Drivers

* VOLUME GROWTH - Net sales increased due to higher volumes

* ACQUISITIONS - Architectural Specialties net sales rose $28 mln from acquisitions of 3form and Zahner

* FAVORABLE AUV - Mineral Fiber net sales benefited from $14 mln favorable Average Unit Value

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Sales Beat $424.60 $404.30

mln mln (9

Analysts

)

Q2 Beat $2.09 $1.78 (9

Adjusted Analysts

EPS )

Q2 EPS $2.01

Q2 $91 mln

Adjusted

Net

Income

Q2 Net $87.80

Income mln

Q2 $154 mln

Adjusted

EBITDA

Q2 $123.20

Operatin mln

g Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

* Wall Street's median 12-month price target for Armstrong World Industries Inc ( AWI ) is $160.00, about 5.5% below its July 28 closing price of $168.82

* The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)