Owens Corning

Owens Corning engages in the development, manufacture, and marketing of insulation, roofing, and fiberglass composites. It operates through the following segments: Composites, Insulation, and Roofing. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber, and includes vertically integrated downstream activities. The Insulation segment provides insulating products which help customers conserve energy, provide improved acoustical performance, and offer convenience of installation and use. The Roofing segment offers laminate and strip asphalt roofing shingles and other products including oxidized asphalt and roofing accessories. The company was founded on October 31, 1938, and is headquartered in Toledo, OH.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Owens Corning reports record 2022 performance amid market challenges

Owens Corning's Q4 2022 showcased robust financial performance amidst market challenges, with strategic acquisitions and sustainability efforts reinforcing its position. While facing volume and pricing pressures, the company remains focused on operational efficiency and long-term growth strategies.

Owens Corning reports solid Q1 performance amidst market challenges

Owens Corning's Q1 performance was strong across key segments, with a focus on safety and ethical practices. The company maintains its full-year 2023 outlook and expects challenges from inflation and supply constraints. Strategic investments, growth opportunities, and balanced capital allocation are key focus areas for future success.

Owens Corning reports strong Q2 performance amidst market challenges

Owens Corning's Q2 performance reflects robust revenue and EBIT figures across all business segments, underpinned by strategic investments and margin enhancement strategies.
While facing short-term challenges from market uncertainties and inflationary pressures, the company's focus on innovation, sustainability, and customer-centric solutions presents opportunities for growth and differentiation.
With a resilient business model, disciplined risk management, and a commitment to long-term success, Owens Corning is well-positioned to navigate evolving market conditions and drive sustainable profitability.
Executives' discussions on financial results, outlooks, and operational strategies underscore the company's proactive approach to addressing challenges and leveraging opportunities for continued success.

Owens Corning reports solid Q3 earnings amidst pricing challenges

Owens Corning's Q3 performance reflects resilience and strategic focus on growth. While facing pricing pressure and volume challenges, the company is well-positioned to capitalize on opportunities in new construction and insulation markets. Maintaining a strong emphasis on safety, innovation, and sustainability will be key drivers of future success.

Owens Corning reports robust 2023 performance and strategic acquisitions

Owens Corning's strong financial performance, strategic acquisitions, and focus on innovation and sustainability position the company well for future growth. While challenges exist in managing input costs and evaluating strategic alternatives, opportunities in acquisitions and market stability offer avenues for continued success. The company's operational excellence and commitment to shareholder returns underscore its resilience and strategic vision.

Owens Corning reports strong Q1 earnings, eyes growth opportunities

Owens Corning's Q1 2024 earnings call highlighted strong financial results, particularly in the Roofing segment. The company is focused on sustainability and new product launches in Roofing. Challenges include weak conditions in certain regions and fluctuating demand in Composites. Opportunities for growth exist in Insulation and expanding product lines.

Owens Corning excels in Q2 with record earnings and strategic growth

Owens Corning's Q2 performance reflects operational excellence and strategic foresight, driving strong financial results and margin growth.
The company's focus on acquisitions, investments, and operational efficiency underscores its commitment to long-term growth and value creation.
While challenges like the Glass Reinforcements review exist, opportunities in revenue growth and market expansion pave the way for continued success.

Owens Corning excels in Q3, eyes growth amid market challenges

Owens Corning's Q3 performance showcases financial strength and strategic focus on core markets, underpinned by operational efficiency and sustainability initiatives.
While challenges lie ahead in Q4 due to market conditions and operational disruptions, the company's proactive stance on cost competitiveness and growth bodes well for future resilience.

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TOLEDO, Ohio--( BUSINESS WIRE )--Owens Corning (NYSE: OC) is scheduled to announce its fourth-quarter and full-year 2022 financial results on Wednesday, February 15, 2023, before the New York Stock Exchange opens. The company will host a call to discuss its financial results at 9 a.m. ET the same day.

Owens Corning to Announce Fourth-Quarter and Full-Year 2022 Financial Results on February 15

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TOLEDO, Ohio--( BUSINESS WIRE )--Owens Corning (NYSE: OC) earned a place on the Dow Jones Sustainability World Index (DJSI World) for the 13th consecutive year, and on the DJSI North America Index for the fifth consecutive year, with industry-leading assessment scores.

Owens Corning Earns Place on Dow Jones Sustainability World Index for 13th Consecutive Year

Owens Corning's (OC) recent move will mitigate the uncertain impact of the Russian invasion of Ukraine on business.

Owens Corning (OC) Sells Russian Operations to De-Risk Business

TOLEDO, Ohio--( BUSINESS WIRE )--Following its decision earlier this year to exit the Russian market, Owens Corning (NYSE: OC) today announced that it has completed the sale of its operations in the country to Umatex, a Russia-based producer of carbon fiber and fiber-based items.

Owens Corning Completes Sale of Russian Operations

Owens Corning (OC) boosts shareholder value and announced a quarterly cash dividend hike of 50%.

Owens Corning (OC) Rewards Shareholders With 50% Dividend Hike

TOLEDO, Ohio--( BUSINESS WIRE )--Owens Corning (NYSE: OC) today announced that its Board of Directors has approved a quarterly dividend increase and new share repurchase authorization. The actions reaffirm the company's capital allocation strategy and reflect the success of its disciplined commercial and operational execution to deliver sustainable performance in a dynamic macro-economic environment.

Owens Corning Announces Approximately 50% Dividend Increase, Authorization for Repurchase of Up to 10 Million Additional Shares

Owens Corning (OC) reported earnings 30 days ago. What's next for the stock?

Owens Corning (OC) Up 9.2% Since Last Earnings Report: Can It Continue?

Consider that with the concerns around supply chains, inventory management practiced fundamentally changed. This speculation and warehousing had perverse effects on markets and have likely contributed to the inflation we're seeing. OC was a beneficiary here these last six months.

Owens Corning Affected By Reversions In Inventory Management

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today took an important step toward reaching its circular economy aspiration with the announcement of enhanced shingle recycling efforts.

Owens Corning Advances Toward Circular Economy Aspiration with Enhanced Shingle Recycling Efforts; Company to Partner in Asphalt Shingle Recycling Pilot

Owens Corning's (OC) third-quarter results benefit from higher pricing. Yet, lower volumes ail.

Owens Corning (OC) Q3 Earnings Beat, Adjusted EBITDA Flat

Start Time: 09:00 January 1, 0000 10:01 AM ET Owens Corning (NYSE:OC ) Q3 2022 Earnings Conference Call October 26, 2022, 09:00 AM ET Company Participants Brian Chambers - Chairman, President and CEO Ken Parks - EVP and CFO Amber Wohlfarth - Director, IR Conference Call Participants Stephen Kim - Evercore ISI Truman Patterson - Wolfe Research Michael Rehaut - JPMorgan Kathryn Thompson - Thompson Research Group Michael Dahl - RBC Capital Markets John Lovallo - UBS Matthew Bouley - Barclays Philip Ng - Jefferies Keith Hughes - Truist Securities Garik Shmois - Loop Capital Operator Hello, everyone, and welcome to the Owens Corning Q3 2022 Earnings Call. My name is Daisy, and I'll be coordinating your call today.

Owens Corning (OC) Q3 2022 Earnings Call Transcript

Owens Corning (OC) delivered earnings and revenue surprises of 12.62% and 0.57%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Owens Corning (OC) Beats Q3 Earnings Estimates

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a global building and construction materials leader, today reported third-quarter 2022 results.

Owens Corning Delivers Net Sales of $2.5 Billion; Generates Net Earnings of $470 Million and Adjusted EBIT of $487 Million

Strong demand across the markets served, structural improvements and strategic investments are likely to get reflected in Owens Corning's (OC) Q3 performance.

Factors Setting The Tone for Owens Corning's (OC) Q3 Earnings

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If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Owens Corning (OC) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Owens Corning (OC) Shows Fast-paced Momentum But Is Still a Bargain Stock

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today introduced “Midnight Plum” as the 2023 Shingle Color of the Year (SCOTY) and the latest signature color to debut in the Owens Corning® TruDefinition® Duration® shingle line.

Owens Corning Announces “Midnight Plum” as 2023 Shingle Color of the Year

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) is scheduled to announce its third-quarter financial results on Wednesday, October 26, 2022, before the New York Stock Exchange opens. The company will host a call to discuss its financial results at 9 a.m. ET the same day. Webcast https://events.q4inc.com/attendee/120745403 A webcast replay will be available for one year using the same link. Callers Please dial in 10-15 minutes before the conference call is scheduled to begin and use the

Owens Corning to Announce Third-Quarter Financial Results on October 26

Porter's 5 forces show they are competitive and do not pose any serious supply chain or market threats with a diverse product line that crosses many different applications and industries. Their capital allocation is perfect with increasing dividends, share buybacks, and CapEx investments with high returns.

Owens Corning: A Hidden Gem On Sale

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Owens Corning (OC) a Great Value Stock Right Now?

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.35 per common share. The dividend will be payable on November 3, 2022, to shareholders of record as of October 17, 2022. Future dividend declarations will be made at the discretion of the Board of Directors and will be based on the company's earnings, financial condition, cash requirements, future prospects and other factors. About Owens Corning Owens

Owens Corning Declares Third-Quarter 2022 Dividend

Is Owens Corning (OC) a great pick from the value investor's perspective right now? Read on to know more.

Can Value Investors Select Owens Corning (OC) Stock Now?

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