Armstrong Flooring (AFI) Set to Announce Earnings on Tuesday

Armstrong Flooring (NYSE:AFI) will be posting its quarterly earnings results before the market opens on Tuesday, November 6th. Analysts expect Armstrong Flooring to post earnings of $0.31 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Armstrong Flooring (NYSE:AFI) last posted its quarterly earnings results on Tuesday, August 7th. The construction company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.30 by $0.17. Armstrong Flooring had a negative net margin of 3.46% and a positive return on equity of 1.48%. The company had revenue of $306.00 million during the quarter, compared to analysts’ expectations of $293.00 million. On average, analysts expect Armstrong Flooring to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NYSE AFI opened at $16.11 on Friday. Armstrong Flooring has a 52 week low of $12.03 and a 52 week high of $20.46. The company has a quick ratio of 0.93, a current ratio of 2.43 and a debt-to-equity ratio of 0.13. The company has a market cap of $415.19 million, a price-to-earnings ratio of 51.97, a PEG ratio of 1.73 and a beta of 2.27.

Several research analysts have recently issued reports on the stock. Macquarie set a $18.00 target price on shares of Armstrong Flooring and gave the company a “hold” rating in a report on Friday, September 14th. Zacks Investment Research upgraded shares of Armstrong Flooring from a “hold” rating to a “strong-buy” rating and set a $19.00 target price for the company in a report on Friday, August 10th. Stifel Nicolaus restated a “hold” rating and issued a $17.00 target price on shares of Armstrong Flooring in a report on Thursday, August 9th. Finally, ValuEngine upgraded shares of Armstrong Flooring from a “sell” rating to a “hold” rating in a report on Wednesday, August 8th. Three research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $18.00.

Armstrong Flooring Company Profile

Armstrong Flooring, Inc, together with its subsidiaries, designs, manufactures, sources, and sells flooring products in North America and the Pacific Rim. It operates through two segments, Resilient Flooring and Wood Flooring. The Resilient Flooring segment offers a range of floor coverings primarily for homes and commercial buildings under the Armstrong brand; and luxury vinyl tile products, vinyl tile flooring, vinyl sheet products, and laminate products, as well as installs and maintains materials and accessories.

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Earnings History for Armstrong Flooring (NYSE:AFI)

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