Armstrong World Industries Q2 profit rises to $96.7 million

Earnings
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Armstrong World Industries reported a second-quarter profit of $96.7 million, or $2.26 per share, up from $87.8 million, or $2.01 per share, a year earlier. Excluding items, adjusted earnings came to $101 million, or $2.36 per share. Revenue climbed 11.2% to $472.0 million from $424.6 million. The company issued full-year earnings guidance of $8.30 to $8.50 per share on revenue of $1.770 billion to $1.800 billion.

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