Overview

* Armstrong Q3 net sales rise 10% to $425 mln, beating analyst expectations

* Adjusted EPS for Q3 beats analyst expectations, rising 13% yr/yr

* Company raises full-year 2025 guidance for all key metrics

Outlook

* Armstrong raises full-year 2025 net sales guidance to $1.623 bln-$1.638 bln

* Company expects 2025 adjusted EBITDA of $553 mln-$563 mln

* Armstrong sees 2025 adjusted EPS at $7.45-$7.55

Result Drivers

* ARCHITECTURAL SPECIALTIES - Segment net sales rose 17.6% due to acquisitions and organic growth

* MINERAL FIBER - Segment net sales increased 6.2% due to favorable AUV and higher volumes

* SALES VOLUME GROWTH - Overall sales volume growth contributed $24 mln to net sales increase

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Beat $425.20 $423.16

mln mln (10

Analysts

)

Q3 Beat $2.05 $2.03

Adjusted (10

EPS Analysts

)

Q3 EPS $1.98

Q3 $89 mln

Adjusted

Net

Income

Q3 Net $86.30

Income mln

Q3 $148 mln

Adjusted

EBITDA

Q3 $117.20

Operatin mln

g Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

* Wall Street's median 12-month price target for Armstrong World Industries Inc ( AWI ) is $190.00, about 6.7% below its October 27 closing price of $202.64

* The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release:

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(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.)