Owens Corning reports results for the quarter ended June 30 - Earnings Summary
Owens Corning reports results for the quarter ended June 30 - Earnings Summary
Owens Corning OC.N reported quarterly adjusted earnings of $3.93 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $4.21. The mean expectation of eighteen analysts for the quarter was for earnings of $3.08 per share. Wall Street expected results to range from $2.80 to $3.43 per share.
Revenue rose 0.3% to $2.76 billion from a year ago; analysts expected $2.65 billion.
Owens Corning's reported EPS for the quarter was $3.84.
The company reported quarterly net income of $311 million.
Owens Corning shares had fallen by 8.4% this quarter and gained 30.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.6% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the construction supplies & fixtures peer group is also "buy"
Wall Street's median 12-month price target for Owens Corning is $166.50, about 12.6% above its last closing price of $145.53
This summary was machine generated from LSEG data August 5 at 01:31 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 3.08 | 3.93 | Beat |
Mar. 31 2026 | 0.95 | 1.22 | Beat |
Dec. 31 2025 | 1.36 | 1.10 | Missed |
Sep. 30 2025 | 3.71 | 3.67 | Missed |