Armstrong World Industries, Inc. (NYSE:AWI) is trading up 8.02% versus 12-month low of 35.92 and stands -20.26% lower from its 1-year peak of $48.66. The consensus price target (PT) of $44.08 means that the market expects Company shares to increase by 11.5% in the short run. The sell-side target prices range from $35 to $53. In the last month the stock has moved in price -11.82%, with a one year change of -7.97%. The last trading session volume compares with the 562.74K average and market worth floats around 2.19B.

Armstrong World Industries, Inc. (NYSE:AWI) fell -1.90% to reach at the trading price of $38.80 as it is set to release its next quarterly earnings report on February 27, 2017. Armstrong World Industries, Inc. stock trades in the range of $38.45 to $39.70 before the earnings release. Let’s take a closer look at the current earnings forecast, particularly the things traders should pay close attention to. Earnings per share for the recently concluded quarter is expected to come in at $0.45 a share with $303.1M in revenue.

Armstrong World Industries, Inc. (AWI) Future Earnings & History

After upcoming fiscal quarter results, all eyes will be on the prospects for the next reporting quarter. Analysts, on average, forecast Armstrong World Industries, Inc. to earn $0.52 per share (EPS) on revenue of $296.07M. The EPS consensus range is $0.48-$0.6 on revenue between $304M and $287.4M.

While if we look at the Earnings Track Record, Armstrong World Industries, Inc. (AWI) managed to surpass quarterly earnings per share estimates in 6 of the trailing twelve fiscal quarters, and has a positive trend with an average surprise of 50%. Last time the company reported, Armstrong World Industries, Inc. (AWI) generated $0.76 in earnings per share, beating the consensus estimate of $0.75. Revenues hit $334.9M in the September 2017 quarter, which was below the consensus $343.5M projection. On the other hand, in the June 2017 quarter the company recorded a net $314.3M revenue with earnings per share of $0.56. Wall Street had anticipated $311.24M and $0.52, respectively. For comparison, there was a revenue of $571.8M and EPS of $0.47 in the March 2016 period.

Armstrong World Industries, Inc. (NYSE:AWI) Analyst Insights

The buoyancy in the outlook of Armstrong World Industries, Inc. (AWI) is getting weaker by the somewhat negative sentiment (2.70 on a 5-point scale) that sell-side analysts have provided concerning it. Brokerage firms on the average advocate the company shares as Equal Weight. KeyBanc Capital Mkts has been covering shares of AWI, so it is most recent view is worth a look. In a research note issued on Jan 05, 2017, analysts at downgraded the stock to Sector Weight from Overweight. Another noteworthy analyst activity was recorded on Aug 05, 2016. KeyBanc Capital Mkts Analysts lifted the stock to Overweight from Sector Weight.