Armstrong Flooring (AFI) Scheduled to Post Earnings on Tuesday

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Armstrong Flooring (NYSE:AFI) is scheduled to be releasing its earnings data before the market opens on Tuesday, November 6th. Analysts expect Armstrong Flooring to post earnings of $0.31 per share for the quarter.

Armstrong Flooring (NYSE:AFI) last released its quarterly earnings results on Tuesday, August 7th. The construction company reported $0.47 EPS for the quarter, topping the Zacks’ consensus estimate of $0.30 by $0.17. The business had revenue of $306.00 million for the quarter, compared to analyst estimates of $293.00 million. Armstrong Flooring had a positive return on equity of 1.48% and a negative net margin of 3.46%. 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 traded down $0.03 during trading hours on Wednesday, reaching $15.45. 14,402 shares of the company’s stock were exchanged, compared to its average volume of 133,225. The firm has a market cap of $380.14 million, a PE ratio of 73.58, a price-to-earnings-growth ratio of 1.59 and a beta of 2.50. Armstrong Flooring has a one year low of $12.03 and a one year high of $20.46. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.43 and a quick ratio of 0.93.

A number of research firms recently commented on AFI. Macquarie set a $18.00 price target on Armstrong Flooring and gave the stock a “hold” rating in a research report on Friday, September 14th. Zacks Investment Research upgraded Armstrong Flooring from a “hold” rating to a “strong-buy” rating and set a $19.00 price target on the stock in a research report on Friday, August 10th. Stifel Nicolaus restated a “hold” rating and set a $17.00 price target on shares of Armstrong Flooring in a research report on Thursday, August 9th. Finally, ValuEngine upgraded Armstrong Flooring from a “sell” rating to a “hold” rating in a research report on Wednesday, August 8th. Four research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $17.25.

About Armstrong Flooring

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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