Owens ning(OC)

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Why Owens Corning (OC) is a Top Growth Stock for the Long-Term
ZACKS· 2024-11-12 15:51
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What a ...
Owens Corning's Q3 Earnings & Sales Beat Estimates, Stock Up
ZACKS· 2024-11-07 14:26
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 (OC) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-11-06 15:35
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 $4.01, the EPS surprise was +9.23%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...
Owens ning(OC) - 2024 Q3 - Quarterly Report
2024-11-06 11:03
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________ FORM 10-Q ______________________________________ ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-33100 __________________________________ ...
Owens ning(OC) - 2024 Q3 - Quarterly Results
2024-11-06 11:01
Exhibit 99.1 ($ 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 ...
Owens Corning (OC) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ZACKS· 2024-11-01 14:20
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 ...
Analysts Estimate Owens Corning (OC) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-10-30 15:07
The market expects Owens Corning (OC) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on November 6, 2024, might help the stock move higher if these key numbers ...
Here is What to Know Beyond Why Owens Corning Inc (OC) is a Trending Stock
ZACKS· 2024-10-23 14:05
Owens Corning (OC) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this construction materials company have returned +4.8%, compared to the Zacks S&P 500 composite's +2.7% change. During this period, the Zacks Building Products - Miscellaneous industry, which Owens Corning falls in, has gained 1%. The key question now is: What could b ...
Why Owens Corning (OC) Dipped More Than Broader Market Today
ZACKS· 2024-10-21 23:06
In the latest trading session, Owens Corning (OC) closed at $186.20, marking a -1.79% move from the previous day. This change lagged the S&P 500's daily loss of 0.18%. Meanwhile, the Dow lost 0.8%, and the Nasdaq, a tech-heavy index, added 0.27%.Prior to today's trading, shares of the construction materials company had gained 8.84% over the past month. This has outpaced the Construction sector's loss of 3.59% and the S&P 500's gain of 4.46% in that time.The upcoming earnings release of Owens Corning will be ...
Owens Corning: Balanced Prospects Amid Fair Valuation
Seeking Alpha· 2024-10-18 19:07
Core Insights - The individual is pursuing a Bachelor's degree in Economics and Management while working as a financial market analyst, indicating a strong academic and professional background in finance [1] - The focus is on mid- and large-cap growth companies, particularly in the financial, technology, healthcare sectors, and REITs, suggesting a diversified investment strategy [1] - The investment journey began during the Covid lockdowns, highlighting a trend where many individuals turned to investing during economic uncertainty [1] Industry Focus - The financial industry is a primary area of interest, which may indicate potential growth opportunities as the economy stabilizes post-pandemic [1] - Technology and healthcare sectors are also emphasized, reflecting ongoing trends in digital transformation and health innovation, which are likely to continue driving market growth [1] - The inclusion of REITs suggests an interest in real estate investments, which can provide diversification and income generation in a portfolio [1]