Owens Corning expected to post earnings of $4.33 a share - Earnings Preview
02/08/2024 18:19
* Owens Corning OC.N OC is expected to show a rise in
quarterly revenue when it reports results on August 6 for the
period ending June 30 2024
* The Toledo Ohio-based company is expected to report a
7.7% increase in revenue to $2.76 billion from $2.56 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 $4.33 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
$189.00, above its last closing price of $182.82.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 3.09 3.08 3.59 Beat 12.4
Dec. 31 2024 2.88 2.86 12.4
Jan. 1 0001 3.90 3.82 8.5
Jun. 30 2023 3.38 3.23 4.22 Beat 30.7
Mar. 2.22 2.22 2.77 Beat 24.9
31 2023
Dec. 31 2022 2.36 3.19 2.49 Missed 5.4
Sep. 30 2022 3.21 3.19 3.57 Beat 11.8
Jun. 30 2022 3.35 3.33 3.83 Beat 14.9
This summary was machine generated August 2 at 17:19 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)