Owens Corning expected to post earnings of $3.82 a share - Earnings Preview

Owens Corning

23/10/2023 16:03

* Owens Corning  OC.N   OC  is expected to show a fall in
quarterly revenue when it reports  results on October 25. 
    * The Toledo Ohio-based  company is expected to report  a
0.0% decrease in revenue to $2.528 billion from $2.53 billion a
year ago, according to the mean estimate from 15 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Owens Corning is
for
earnings of $3.82 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Owens
Corning is
$159​, above​ its last closing price of $122.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  2.36        2.36       2.49      Beat    5.4​
 Sep. 30 2022  3.21        3.19       3.57      Beat    11.8
 ​​Jun.        3.35        3.33       3.83      Beat    14.9
 30 2022                                                
 Mar. 31 2022  2.43        2.43       2.84      Beat    16.7​
 Dec. 31 2021  1.93        1.91       2.20      Beat    15
 Sep. 30 2021  2.43        2.46       2.52      Beat    2.4
 This summary was machine generated October 23 at 15:03 GMT.  All
figures in US dollars  unless otherwise stated