Armstrong Flooring Q2 Results Miss Views

Armstrong Flooring Q2 Results Miss Views

Armstrong Flooring shares were down almost 7.5% pre-market Monday after the company reported Q2 results which were weaker-than-expected and lowered its full-year adjusted EBITDA guidance. Q2 adjusted EPS was $0.26, down from $0.46 per share a year earlier and below the $0.43 per share consensus of analysts polled by Capital IQ. Revenues decreased 8.1% year-over-year to $297.3 million and fell short of the $324.6 million average estimate. For FY17, Armstrong […]

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