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 Q1 2022

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Earnings data Q1 2023

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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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12 Stocks That Offer Growth, Value, and Momentum

Owens Corning (OC) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Despite Fast-paced Momentum, Owens Corning (OC) Is Still a Bargain Stock

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Owens Corning's (OC) first-quarter results suffer from lower volumes and higher costs.

Owens Corning (OC) Q1 Earnings & Net Sales Beat, Margins Fall

Owens Corning (OC) Q1 2023 Earnings Call Transcript.

Owens Corning (OC) Q1 2023 Earnings Call Transcript

The headline numbers for Owens Corning (OC) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Owens Corning (OC) Q1 Earnings: A Look at Key Metrics

Owens Corning (OC) came out with quarterly earnings of $2.77 per share, beating the Zacks Consensus Estimate of $2.20 per share. This compares to earnings of $2.84 per share a year ago.

Owens Corning (OC) Q1 Earnings and Revenues Beat Estimates

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a global building and construction materials leader, today reported first-quarter 2023 results. Reported Net Sales of $2.3 Billion, in-line with Prior Year Generated Adjusted EBIT Margins of 15% and Adjusted EBITDA Margins of 21% Delivered Diluted EPS of $4.17 and Adjusted Diluted EPS of $2.77 Produced Operating Cash Outflow of $164 Million and Free Cash Outflow of $322 Million Returned $183 Million to Shareholders through Dividends and S.

Owens Corning Delivers Net Sales of $2.3 Billion; Generates Net Earnings of $383 Million and Adjusted EBIT of $361 Million

Owens Corning: Doesn't Get Much More Shareholder Friendly Than This

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TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) is scheduled to announce its first-quarter 2023 financial results on Wednesday, April 26, 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. Webcast https://events.q4inc.com/attendee/568801674 A webcast replay will be available for one year using the same link.

Owens Corning to Announce First-Quarter 2023 Financial Results on April 26

Owens Corning will see revenue and margin pressure in the first half of 2023 as the construction market is in a recession. The company has a good balance sheet and a reasonable dividend.

Owens Corning: Second-Half Of 2023 May Bring Better Growth

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TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that it has been recognized by Ethisphere as one of the 2023 World's Most Ethical Companies. This marks the sixth consecutive year the company has been recognized with this honor. Owens Corning is one of just two honorees in the Construction and Building Materials industry, underscoring its commitment to leading with integrity and prioritizing ethical business practices.

Owens Corning Named One of 2023 World's Most Ethical Companies® by Ethisphere

Owens Corning (OC) suffers from supply-chain disruptions and significant inflation. Yet, strategic moves bode well.

Owens Corning (OC) Ails From High Costs, Strategic Moves Aid

Owens Corning (NYSE:OC ) Q4 2022 Earnings Conference Call February 15, 2023 9:00 AM ET Company Participants Amber Wohlfarth - Director of Investor Relations Brian Chambers - Chairman, President & Chief Executive Officer Ken Parks - Executive Vice President & Chief Financial Officer Conference Call Participants Michael Rehaut - JPMorgan Stephen Kim - Evercore ISI John Lovallo - UBS Joseph Ahlersmeyer - Deutsche Bank Trevor Allinson - Wolfe Research Mike Dahl - RBC Capital Markets Phil Ng - Jefferies Adam Baumgarten - Zelman & Associates Operator Hello and welcome to the Owens Corning Q4 Full Year 2022 Earnings Call. My name is Alex and I'll be coordinating the call today.

Owens Corning (OC) Q4 2022 Earnings Call Transcript

Owens Corning's (OC) fourth-quarter results benefit from higher pricing. Yet, lower volumes and currency woes persist.

Owens Corning (OC) Q4 Earnings Top, Stock Falls, Tepid Q1 View

Owens Corning (OC) delivered earnings and revenue surprises of 6.41% and 1.07%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Owens Corning (OC) Q4 Earnings and Revenues Beat Estimates

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a global building and construction materials leader, today reported fourth-quarter and full-year 2022 results. Reported Net Sales Increase of 15% in 2022 to $9.8 Billion Produced Full-Year Net Earnings of $1.2 Billion Expanded 2022 Adjusted EBIT Margins to 18% and Adjusted EBITDA Margins to 23% Delivered Diluted EPS of $12.70 and Adjusted Diluted EPS of $12.88 Generated Operating Cash Flow of $1.8 Billion and Free Cash Flow of $1.

Owens Corning Delivers Record Full-Year 2022 Results

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) Reports Next Week: Wall Street Expects Earnings Growth

TOLEDO, Ohio--( BUSINESS WIRE )--Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.52 per common share. The dividend will be payable on April 6, 2023, to shareholders of record as of March 3, 2023.

Owens Corning Declares First-Quarter 2023 Dividend

TOLEDO, Ohio--( BUSINESS WIRE )--Owens Corning (NYSE: OC) will feature its comprehensive insulation product line at the International Builders' Show (IBS). The event will take place from Jan. 31 to Feb. 2, at the Las Vegas Convention Center, and visitors can find Owens Corning at booth C6745 in the central hall.

Owens Corning Highlights Comprehensive Insulation Product Line at 2023 International Builders' Show

Owens Corning has a durable business model with high profitability through its efficient scale. It has a solid track record of innovation and differentiates itself with sustainable product development.

Owens Corning: Undervalued With Big Long-Term Potential

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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News for Owens Corning Stock (OC)