Owens Corning (OC) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Owens Corning (OC) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Owens Corning (OC) Beats Q3 Earnings and Revenue Estimates
Owens Corning (OC) came out with quarterly earnings of $4.38 per share, beating the Zacks Consensus Estimate of $4.01 per share. This compares to earnings of $4.15 per share a year ago.
Owens Corning (OC) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Besides Wall Street's top -and-bottom-line estimates for Owens Corning (OC), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
Owens Corning (OC) Increases Despite Market Slip: Here's What You Need to Know
In the latest trading session, Owens Corning (OC) closed at $181.58, marking a +0.34% move from the previous day.
Analysts Estimate Owens Corning (OC) to Report a Decline in Earnings: What to Look Out for
Owens Corning (OC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here is What to Know Beyond Why Owens Corning Inc (OC) is a Trending Stock
Zacks.com users have recently been watching Owens Corning (OC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Why Owens Corning (OC) Dipped More Than Broader Market Today
In the closing of the recent trading day, Owens Corning (OC) stood at $186.20, denoting a -1.79% change from the preceding trading day.
Owens Corning: Balanced Prospects Amid Fair Valuation
Owens Corning's strong market position and pricing power are bolstered by strategic acquisitions like Masonite and a focus on energy-efficient building materials. Financially, the company faces higher debt levels and margin pressures, but maintains a strong balance sheet and sufficient free cash flow for dividends and share repurchases. Despite current market challenges, the DCF model indicates OC stock is slightly undervalued, with a price target of $202.24, contingent on Masonite acquisition synergies and European market recovery.
Owens Corning Banks on Growth Initiative Amid Low Volume Projection
OC benefits from growth initiatives and Roofing business. Yet, it is affected by lower volumes and significant inflation across most of its business.
Is Trending Stock Owens Corning Inc (OC) a Buy Now?
Zacks.com users have recently been watching Owens Corning (OC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Owens Corning (OC) Ascends But Remains Behind Market: Some Facts to Note
In the latest trading session, Owens Corning (OC) closed at $182.08, marking a +0.36% move from the previous day.
Owens Corning (OC) Exceeds Market Returns: Some Facts to Consider
Owens Corning (OC) closed the most recent trading day at $176.52, moving +1.27% from the previous trading session.
