In 2018, taps in Balaka Town ran dry due to protracted drought, stirring fierce scrambles for water from trucks. The water woes exposed the vulnerability of the heavily silted Mpira Dam, constructed to supply Ntcheu District and the neighbouring Balaka. Communities at the receiving end realised that the dam surrounded by fast-disappearing trees could neither
Armstrong World Industries (NYSE:AWI – Free Report) had its price objective boosted by UBS Group from $121.00 to $122.00 in a research note released on Wednesday morning, Benzinga reports. UBS Group currently has a neutral rating on the construction company’s stock. A number of other brokerages have also recently issued reports on AWI. The Goldman […]
Armstrong World Industries (NYSE:AWI – Get Free Report) announced its quarterly earnings results on Tuesday. The construction company reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $0.15, Yahoo Finance reports. Armstrong World Industries had a net margin of 18.03% and a return on equity of 41.81%. The […]
Armstrong World Industries (NYSE:AWI – Get Free Report) issued an update on its FY24 earnings guidance on Tuesday morning. The company provided EPS guidance of $5.80-$6.05 for the period, compared to the consensus EPS estimate of $5.76. The company issued revenue guidance of $1.395-$1.435 billion, compared to the consensus revenue estimate of $1.35 billion. Armstrong […]
Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Armstrong World Industries, Inc. (NYSE:AWI – Free Report) by 26.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,329 shares of the construction company’s stock after purchasing an additional 1,932 shares […]