When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Owens Corning (OC) .Owens Corning currently has an average brokerage recommendation (ABR) of 1. ...

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Owens Corning (OC) reported impressive results for third-quarter 2024, wherein earnings and net sales surpassed the Zacks Consensus Estimate, given the success of its strategic initiatives and structural improvements, leading to strong cash flow and higher margins despite challenging market conditions. This marks the seventh consecutive earnings beat for the company.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Owens Corning's shares gained 1.14% in the day trading session yesterd ...

Owens Corning (NYSE:OC) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Amber Wohlfarth - Vice President, Investor Relations, Corporate Affairs Brian Chambers - Chair and CEO Todd Fister - Chief Financial Officer Conference Call Participants Spencer Kaufman - UBS Stephen Kim - Evercore ISI Philip Ng - Jefferies Anthony Pettinari - Citi Sam Reid - Wells Fargo Trevor Allinson - Wolfe Research Adam Baumgarten - Zelman & Associates Keith Hughes - Truist Mike Dahl - RBC Susan Ma ...

Owens Corning (OC) reported $3.05 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 22.9%. EPS of $4.38 for the same period compares to $4.15 a year ago.The reported revenue represents a surprise of +0.17% over the Zacks Consensus Estimate of $3.04 billion. With the consensus EPS estimate being $4.01, the EPS surprise was +9.23%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...

Owens Corning (OC) came out with quarterly earnings of $4.38 per share, beating the Zacks Consensus Estimate of $4.01 per share. This compares to earnings of $4.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.23%. A quarter ago, it was expected that this construction materials company would post earnings of $4.37 per share when it actually produced earnings of $4.64, delivering a surprise of 6.18%.Over the last four quart ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________ FORM 10-Q ______________________________________ ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-33100 __________________________________ ...

Exhibit 99.1 ($ in millions, except per share amounts) Third-Quarter Nine Months NEWS RELEASE Owens Corning Delivers Net Sales of $3.0 Billion; Generates Net Earnings of $321 Million and Adjusted EBIT of $582 Million TOLEDO, Ohio – November 6, 2024 – Owens Corning (NYSE: OC), a residential and commercial building products leader, today reported third-quarter 2024 results. • Reported Net Sales of $3.0 Billion, a 23% Increase from Prior Year, with Newly Acquired Doors Business Contributing $573 Million in Rev ...

The upcoming report from Owens Corning (OC) is expected to reveal quarterly earnings of $4.01 per share, indicating a decline of 3.4% compared to the year-ago period. Analysts forecast revenues of $3.04 billion, representing an increase of 22.7% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company reveals its earnings, it is ...