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

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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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The latest trading day saw Owens Corning (OC) settling at $170.79, representing a +1.8% change from its previous close.

Why Owens Corning (OC) Outpaced the Stock Market Today

TOLEDO, Ohio--(BUSINESS WIRE)--Composites experts from Owens Corning (NYSE: OC) will showcase the power of composites to “Make More Possible” at CAMX 2024, Sept. 9-12, in San Diego, Calif. Industry-Leading Solutions to Make More Possible Owens Corning's participation in CAMX 2024 supports its efforts to grow material replacement and further its strategy of partnering with customers to boost product innovation, productivity, and sustainability to Make More Possible. Representatives from Owens Co.

Owens Corning to Showcase the Power of Composites to ‘Make More Possible' at CAMX 2024

Owens Corning (OC) closed at $158.94 in the latest trading session, marking a -0.65% move from the prior day.

Owens Corning (OC) Registers a Bigger Fall Than the Market: Important Facts to Note

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

Owens Corning (OC) Up 3.9% Since Last Earnings Report: Can It Continue?

OC is affected by lower volumes and significant inflation across most of its business.

Owens Corning Stock Declines in the Past 3 Months: Things to Note

Recently, Zacks.com users have been paying close attention to Owens Corning (OC). This makes it worthwhile to examine what the stock has in store.

Owens Corning Inc (OC) Is a Trending Stock: Facts to Know Before Betting on It

Olde West Chester, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Olde West Chester, Ohio - Cincinnati Affordable Contracting has just been officially recognized as an Owens Corning Preferred Contractor. This status is a testament to the company's dedication to delivering high-quality work, ensuring customer satisfaction, and using premium materials in all projects.

Cincinnati Affordable Contracting Named Owens Corning Preferred Roofing Contractor

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3 High-Potential Stocks Analysts Say Could Soar

Owens Corning is undervalued at $157.03, with a one-year target price of $186.46. Recent acquisition of Masonite is expected to boost revenue by 30.16% to $12.6 billion in 2025. Strong financial performance, with a dividend CAGR of 21.48% and solid growth potential in the building materials industry.

Owens Corning Price Dips, While Acquisition Will Generate Growth

A quarterly earnings beat hasn't been enough to reverse the slide in Owens Corning NYSE: OC stock. In mid-morning trading the day after the maker of builder and construction materials delivered its second quarter earnings the stock is down just over 10% for the week.

Owens-Corning Stock: Good Value or Recession Red Flag?

Owens Corning's (OC) second-quarter results benefit from strong commercial execution and manufacturing performance.

Owens Corning (OC) Q2 Earnings Beat Estimates, Q3 View Strong

While the top- and bottom-line numbers for Owens Corning (OC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Owens Corning (OC) Reports Q2 Earnings: What Key Metrics Have to Say

Owens Corning (OC) came out with quarterly earnings of $4.64 per share, beating the Zacks Consensus Estimate of $4.37 per share. This compares to earnings of $4.22 per share a year ago.

Owens Corning (OC) Beats Q2 Earnings Estimates

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a global residential and commercial building products leader, today reported second-quarter 2024 results. These results include performance of the company's newly added Doors segment, which was established following the May 15 acquisition of Masonite International Corporation, a leading provider of doors and door systems. Reported Net Sales of $2.8 Billion, a 9% Increase from Prior Year, with Newly Acquired Doors Business Contributing $31.

Owens Corning Delivers Net Sales of $2.8 Billion; Generates Net Earnings of $285 Million and Adjusted EBIT of $588 Million

Get a deeper insight into the potential performance of Owens Corning (OC) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Exploring Analyst Estimates for Owens Corning (OC) Q2 Earnings, Beyond Revenue and EPS

Owens Corning's (OC) second-quarter results are likely to reflect the Masonite acquisition, higher demand for its products, lower residential shingle roofing shipments and weak international operations.

Owens Corning (OC) to Report Q2 Earnings: What's in Store?

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.

Owens Corning (OC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Owens Corning (OC) reachead $174.39 at the closing of the latest trading day, reflecting a +0.77% change compared to its last close.

Owens Corning (OC) Ascends While Market Falls: Some Facts to Note

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Are Investors Undervaluing Owens Corning (OC) Right Now?

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Why Owens Corning (OC) is a Top Value Stock for the Long-Term

Owens Corning (OC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Investors Heavily Search Owens Corning Inc (OC): Here is What You Need to Know

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) is scheduled to announce its second-quarter financial results on Tuesday, August 6, 2024, 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/391039233 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 ent.

Owens Corning to Announce Second-Quarter Financial Results on August 6

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News for Owens Corning Stock (OC)