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.

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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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Owens Corning (OC) is benefitting from robust demand for residential repair and remodeling activity and insulating products. However, rising material and transportation costs are concerns.

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TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) will host its 2021 virtual Investor Day on November 10, from 8:30 a.m. to approximately 12:30 p.m. ET. Hosted by Chair of the Board and Chief Executive Officer Brian Chambers and Chief Financial Officer Ken Parks, the virtual event will feature presentations by several members of the company's senior management team. Together, they will discuss the evolution of the company's performance with an emphasis on its enterprise strategy and finan

Owens Corning to Host Virtual Investor Day on November 10

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) is scheduled to announce its third-quarter 2021 financial results on Wednesday, October 27, 2021, 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://services.choruscall.com/links/oc211027.html 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

Owens Corning to Announce Third-Quarter 2021 Financial Results on October 27

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TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.26 per common share. The dividend will be payable on November 5, 2021, to shareholders of record as of October 22, 2021. Future dividend declarations will be made at the discretion of the Board of Directors and will be based on such factors as the company's earnings, financial condition, cash requirements, future prospects and other factors. About Owen

Owens Corning Declares Third-Quarter 2021 Dividend

Owens Corning (OC) is riding on strategic initiatives and the Insulation business despite inflationary headwinds.

Factors Supporting Owens Corning's (OC) 49% Growth in a Year

TOLEDO, Ohio--(BUSINESS WIRE)--The Insulation business of Owens Corning (NYSE: OC) has earned the National Preferred Partner Award from David Weekley Homes' 17th annual National Preferred Partner Survey. This is the ninth consecutive year Owens Corning Insulation, together with its network of contractors and distributors, has been recognized for its innovation, quality, customer service and performance by the privately-held U.S. homebuilder. “In a dynamic year for our industry, our team has rem

Owens Corning Awarded as a "2021 National Preferred Partner" by David Weekley Homes

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

Why Is Owens Corning (OC) Up 0.1% Since Last Earnings Report?

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning continued its support of the Gary Sinise Foundation by donating all of the fiberglass insulation for a Vista, Calif., home designed around the needs of wounded veteran and retired U.S. Navy Petty Officer 2nd Class Daniel “Doc” Jacobs, a hospital corpsman. With the final reveal on Thursday, the specially adapted, 100% mortgage-free smart home was built by the Gary Sinise Foundation's R.I.S.E. (Restoring Independence, Supporting Empowerment) Program. D

Owens Corning Supports Gary Sinise Foundation ‘R.I.S.E.' Home Built for Wounded Veteran with Donation of PINK Next Gen™ Fiberglas™ Insulation

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Bull of the Day: Owens Corning (OC)

Owens Corning (OC) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Here is Why Growth Investors Should Buy Owens Corning (OC) Now

Owens Corning (OC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Owens Corning (OC) Moves to Strong Buy: Rationale Behind the Upgrade

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TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), the company that invented fiberglass insulation, today announced its latest advancement: PINK Next Gen™ Fiberglas™ insulation. Featuring advanced fiber technology, this superior insulation solution enables up to 23% faster installation compared to our existing products. The advanced fiber technology of PINK Next Gen™ Fiberglas™ creates a tightly woven network of soft, fine fibers to form a super-resilient blanket of insulating micro-pocke

Owens Corning Launches PINK Next Gen™ Fiberglas™ Insulation

Owens Corning's (OC) Q2 results benefit from a solid housing market and an encouraging repair and remodeling activity besides strong cost controls.

Owens Corning (OC) Q2 Earnings & Revenues Beat, Volumes High

Owens Corning (OC) could produce exceptional returns because of its solid growth attributes.

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Owens Corning (OC) CEO Brian Chambers on Q2 2021 Results - Earnings Call Transcript

Owens Corning (OC) delivered earnings and revenue surprises of 23.81% and 13.47%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Owens Corning (OC) Q2 Earnings and Revenues Beat Estimates

Owens Corning (NYSE: OC) reported second-quarter sales growth of 37.8% year-over-year to $2.24 billion, beating the consensus estimate of$2 billion. Sales by segments: Composites $583 million (+46.5% Y/Y), Insulation $806 million (+35% Y/Y), and Roofing $917 million (+35% Y/Y).

Owens Corning Shares Gain On Strong Q2 Results

Shares of Owens-Corning (NYSE:OC) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share were up 195.45% year over year to $2.60, which beat the estimate of $2.13.

Recap: Owens-Corning Q2 Earnings

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today reported consolidated net sales of $2.2 billion in second-quarter 2021, compared with $1.6 billion in second-quarter 2020, an increase of 38%. Second-quarter 2021 net earnings attributable to Owens Corning were $298 million, or $2.82 per diluted share, compared with $96 million, or $0.88 per diluted share, in second-quarter 2020. Second-quarter 2021 adjusted earnings were $274 million, or $2.60 per diluted share, compared with $99 mi

Owens Corning Reports Second-Quarter 2021 Results

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