Owens Corning (OC) Surpasses Q3 Earnings Estimates

Core Viewpoint - Owens Corning reported quarterly earnings of $3.67 per share, exceeding the Zacks Consensus Estimate of $3.64 per share, but down from $4.38 per share a year ago, indicating a decline in profitability [1][2] Financial Performance - The company achieved revenues of $2.68 billion for the quarter ended September 2025, which was 0.3% below the Zacks Consensus Estimate and down from $3.05 billion year-over-year [2] - Over the last four quarters, Owens Corning has surpassed consensus EPS estimates four times and topped revenue estimates three times [2] Stock Performance - Owens Corning shares have declined approximately 28% since the beginning of the year, contrasting with the S&P 500's gain of 15.1% [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.55 on revenues of $2.44 billion, and for the current fiscal year, it is $13.34 on revenues of $10.41 billion [7] - The trend of estimate revisions for Owens Corning was unfavorable prior to the earnings release, which may impact future stock movements [5][6] Industry Context - The Building Products - Miscellaneous industry, to which Owens Corning belongs, is currently ranked in the bottom 35% of over 250 Zacks industries, suggesting potential challenges ahead [8]