Armstrong turns around in Q4

LANCASTER, Pa. — Flooring and ceiling maker Armstrong World Industries has posted Q4 net income of $27.1 million, or $0.49 per share. The results followed on a loss during the same period last year and exceeded Wall Street expectations of $0.44 per share, but revenues of $297.9 million fell short of the forecast $302.4 million.  For the year, the company reported net income of $104.7 million, or $1.87 per share, and revenues of $1.23 billion.