Owens Corning expected to post earnings of $3.08 a share - Earnings Preview
22/04/2024 14:27
* Owens Corning OC.N OC is expected to show a fall in
quarterly revenue when it reports results on April 24 for the
period ending March 31 2024
* The Toledo Ohio-based company is expected to report a
2.2% decrease in revenue to $2.279 billion from $2.33 billion a
year ago, according to the mean estimate from 15 analysts, based
on LSEG data. (Sales/Revenue Majority Basis is on Net Sales)
* LSEG's mean analyst estimate for Owens Corning is for
earnings
of $3.08 per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.
* Wall Street's median 12-month price target for Owens
Corning is
$169.00, above its last closing price of $160.11.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 2.88 2.86 3.21 Beat 12.4
Sep. 30 2023 3.90 3.82 4.15 Beat 8.5
Jun. 30 2023 3.38 3.23 4.22 Beat 30.7
Mar. 31 2023 2.22 2.22 2.77 Beat 24.9
Dec. 2.36 2.36 2.49 Beat 5.4
31 2022
Sep. 30 2022 3.21 3.19 3.57 Beat 11.8
Jun. 30 2022 3.35 3.33 3.83 Beat 14.9
Mar. 31 2022 2.43 2.43 2.84 Beat 16.7
This summary was machine generated April 22 at 13:27 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)