Owens Corning reports results for the quarter ended March 31 - Earnings Summary
07/05/2025 14:32
Owens Corning OC.N reported quarterly adjusted earnings of $2.97 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $3.59. The mean expectation of eighteen analysts for the quarter was for earnings of $2.87 per share. Wall Street expected results to range from $2.61 to $3.12 per share. Revenue rose 10% to $2.53 billion from a year ago; analysts expected $2.51 billion. Owens Corning's reported EPS for the quarter was a loss of $1.08. The company reported a quarterly loss of $93 million. Owens Corning shares had fallen by 0.1% this quarter and lost 16.3% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 18.5% in the last three months. In the last 30 days, six analysts negatively revised earnings estimates RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 8 "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 $181.00 This summary was machine generated from LSEG data May 7 at 01:32 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 |
| Mar. 31 2025 | 2.87 | 2.97 | Beat |
| Dec. 31 2024 | 2.90 | 3.22 | Beat |
| Sep. 30 2024 | 4.05 | 4.38 | Beat |
| Jun. 30 2024 | 4.33 | 4.64 | Beat |