Owens Corning Delivers Net Sales of $3.0 Billion; Generates Net Earnings of $321 Million and Adjusted EBIT of $582 Million
Owens Corning Inc New (OC)
Last owens corning inc new earnings: 4/29 06:00 am
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US:NYSE Investor Relations:
investor.owenscorning.com/investors/overview/default.aspx
Company Research
Source: Business Wire
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a residential and commercial building products leader, today reported third-quarter 2024 results.Reported Net Sales of $3.0 Billion, a 23% Increase from Prior Year, with Newly Acquired Doors Business Contributing $573 Million in RevenueGenerated Net Earnings Margin of 11%, Adjusted EBIT Margin of 19%, and Adjusted EBITDA Margin of 25%Delivered Diluted EPS of $3.65 and Adjusted Diluted EPS of $4.38Produced Operating Cash Flow of $699 Million and Free Cash Flow of $558 MillionReturned $252 Million to Shareholders through Dividends and Share Repurchases"Our third-quarter results demonstrate the impact of the strategic choices and structural improvements we have made to strengthen Owens Corning and build a company that continues to deliver strong free cash flow and sustainably higher margins despite a challenging market environment. The strong execution of our team, combined with the key initiatives and investments we are undert
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News
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- Investors Heavily Search Owens Corning Inc (OC): Here is What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Why Owens Corning (OC) is a Top Growth Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Polymer Foam Market Forecast Report to 2030, Featuring Case Studies of Kingspan's Hemkor Range and Alphacore and Owens Corning's Foamular Next-Generation Extruded [Yahoo! Finance]Yahoo! Finance
OC
Earnings
- 11/6/24 - Beat
OC
Sec Filings
- 11/21/24 - Form 4
- 11/19/24 - Form 144
- 11/14/24 - Form 4
- OC's page on the SEC website