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Posted by
Two Blokes Wed at 10:45 AM -
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Armstrong World Industries has shown strong performance, with significant revenue and profit growth, but current valuation is high, justifying a 'Hold' rating. The company's Mineral Fiber and Architectural Specialties segments have driven revenue increases, with notable contributions from recent acquisitions. Management forecasts continued growth, with expected revenue between $1.57 billion and $1.61 billion and adjusted earnings per share between $6.85 and $7.15.
