As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the building materials industry, including Valmont (NYSE:VMI) and its peers.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the building materials stocks, including Armstrong World (NYSE:AWI) and its peers.
Shares of ceiling and wall solutions company Armstrong World Industries (NYSE:AWI)
jumped 6.6% in the afternoon session after the company reported impressive fourth quarter 2024 results that blew past analysts' revenue and EPS expectations. Profitability improved as operating income climbed 24%, and adjusted EBITDA increased 14%, driven by volume gains and pricing power. These factors contributed to a significant EPS beat, with adjusted diluted earnings per share rising 23%.
Ceiling and wall solutions company Armstrong World Industries (NYSE:AWI) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 17.7% year on year to $367.7 million. The company’s full-year revenue guidance of $1.59 billion at the midpoint came in 3.3% above analysts’ estimates. Its non-GAAP profit of $1.50 per share was 8.3% above analysts’ consensus estimates.
Let’s dig into the relative performance of Vulcan Materials (NYSE:VMC) and its peers as we unravel the now-completed Q3 building materials earnings season.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the building materials industry, including Sherwin-Williams (NYSE:SHW) and its peers.
Armstrong World has had an impressive run over the past six months as its shares have beaten the S&P 500 by 24.8%. The stock now trades at $157.08, marking a 36.9% gain. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the building materials stocks, including UFP Industries (NASDAQ:UFPI) and its peers.
Looking back on building materials stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Armstrong World (NYSE:AWI) and its peers.
Glass and windows manufacturer Tecnoglass (NYSE:TGLS)
will be announcing earnings results tomorrow before market hours. Here’s what investors should know.
Home automation and security solutions provider Resideo Technologies (NYSE:REZI)
will be announcing earnings results tomorrow after market hours. Here’s what investors should know.
Ceiling and wall solutions company Armstrong World Industries (NYSE:AWI) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 11.3% year on year to $386.6 million. The company’s outlook for the full year was also close to analysts’ estimates with revenue guided to $1.43 billion at the midpoint. Its non-GAAP profit of $1.81 per share was 3.2% above analysts’ consensus estimates.
