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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TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) announced today that Paul E. Martin, former Senior Vice President and Chief Information Officer for Baxter International Inc., has been elected to the company's Board of Directors. “We are pleased to welcome Paul to our Board of Directors,” said Brian Chambers, Chairman and Chief Executive Officer. “Along with his global business experience, Paul's broad technology expertise will bring significant value and insights to our Board and compan

Owens Corning Elects Paul Martin to Board of Directors

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 April 2, 2021, to shareholders of record as of March 5, 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 Owens Corn

Owens Corning Declares First-Quarter 2021 Dividend

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TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) is scheduled to announce fourth-quarter and full-year 2020 financial results on Wednesday, February 17, 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/oc210217.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 schedu

Owens Corning to Announce Fourth-Quarter and Full-Year 2020 Financial Results on February 17

Owens Corning (OC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why the Earnings Surprise Streak Could Continue for Owens Corning (OC)

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

Is Owens Corning (OC) a Profitable Stock Pick Right Now?

Owens Corning's (OC) strategic efforts, solid acquisition strategies and stable end-market demand are likely to help it grow further.

Why You Should Add Owens Corning (OC) to Your Portfolio Now

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The Trend In Owens Corning Is Bullish- New Highs On The Horizon

Owens Corning said late Thursday its board of directors has approved a quarterly dividend increase and an expanded share repurchase authorization. The board declared a dividend of 26 cents a share, an 8% increase.

Owens Corning increases dividend, OKs share buyback

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today announced that its Board of Directors has approved a quarterly dividend increase and an expanded share repurchase authorization. The actions reaffirm the company's capital allocation strategy and reflect its ability to operate, execute, and deliver in a challenging environment. “Our performance and cash flow generation are a testament to the strength of our company,” said Chairman and Chief Executive Officer Brian Chambers. “The incr

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

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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 11th consecutive year and was named Industry Leader for the DJSI World Building Products group for the eighth straight year. The DJSI World comprises an elite listing of the world's largest companies based on long-term environmental, social and governance criteria. “We are honored to once again receive this recognition from the Dow Jones Sustainability World In

Owens Corning Earns Place on Dow Jones Sustainability Index

In this article we are going to use hedge fund sentiment as a tool and determine whether Owens Corning (NYSE:OC) is a good investment right now. We like to analyze hedge fund sentiment before conducting days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, expert network advisers, and supply chain tipsters working or consulting for them. There is not a shortage of news stories covering failed hedge fund investments and it is a fact that hedge funds' picks don't beat the market 100% of the time, but their consensus picks have historically done very well and have outperformed the market after adjusting for risk.

Were These Hedge Funds Wrong About Dumping Owens Corning (OC)?

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Owens Corning (OC) third-quarter results benefit from improving customer demand in most of the company end markets.

Owens Corning (OC) Stock Down Despite Q3 Earnings Beat

Owens Corning (OC) CEO Brian Chambers on Q3 2020 Results - Earnings Call Transcript

Shares of Owens-Corning (NYSE:OC) were flat in pre-market trading after the company reported Q3 results.

Recap: Owens-Corning Q3 Earnings

Owens Corning (OC) delivered earnings and revenue surprises of 28.79% and 6.03%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Owens Corning (OC) Tops Q3 Earnings and Revenue Estimates

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today reported consolidated net sales of $1.9 billion in third-quarter 2020, an increase of 1% compared with third-quarter 2019. Third-quarter 2020 net earnings attributable to Owens Corning were $206 million, or $1.88 per diluted share, compared with $150 million, or $1.36 per diluted share, in third-quarter 2019. Third-quarter 2020 adjusted earnings were $186 million, or $1.70 per diluted share, compared with $176 million, or $1.60 per d

Owens Corning Reports Third-Quarter 2020 Results

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News for Owens Corning Stock (OC)