Armstrong Flooring, Inc. (NYSE:AFI) is reporting second quarter financial results on Wednesday 22nd July 2020, before market open.
According to analysts surveyed by Thomson Reuters, AFI is expected to report 2Q20 loss of $ 0.31 per share from revenue of $ 155.50 million.
For the full year, analysts anticipate top line of $ 591.70 million, while looking forward to loss of $ 1.75 per share bottom line.
Previous Quarter Performance
Armstrong Flooring, Inc. came out with loss for the first quarter of $ 0.58 per share, from the revenue of $ 138.70 million. The quarterly earnings enlarged 30.95 percent while revenues compared with the same quarter last year.
According to street consensus, AFI was expected to report 1Q20 loss of $ 0.82 per share from revenue of $ 132.65 million. The bottom line results beat street analysts by $ 0.24 or 29.27 percent, at the same time, top line results outshined analysts by $ 6.05 million or 4.56 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of AFI was $ 3.17, representing a 183.04 % increase from the 52 week low of $ 1.12 and a 65.66 % decrease over the 52 week high of $ 9.23.
The company has a market capital of $ 68.45 million and is part of the Basic Materials sector and Building Materials industry.
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Conference Call
Armstrong Flooring, Inc. will be hosting a conference call at 10:00 AM eastern time on 22nd July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.armstrongflooring.com
Armstrong Flooring, Inc., together with its subsidiaries, designs, manufactures, sources, and sells resilient flooring products for use primarily in the construction and renovation of commercial, residential, and institutional buildings in North America and the Pacific Rim. The company sells its products to independent wholesale flooring distributors, retailers, builders, contractors, installers, property management firms, homeowners, and others. Armstrong Flooring, Inc.
