Owens Corning Delivers Q3 Earnings Beat, Forecasts Strong Q4 Despite Market Headwinds [Yahoo! Finance]
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
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Source: Yahoo! Finance
Sales by segments : Composites $534 million (-6%), Insulation $946 million (+4%), and Roofing $1.1 billion (relatively flat). Doors reported revenue in its first full quarter, with net sales of $573 million. The company noted that market conditions remained challenging for this business, with decreased discretionary repair and remodel spending impacting demand and price. Adjusted EPS was $4.38, up from $4.18 a year ago, above the consensus of $4.05. Adjusted EBIT increased to $582 million from $518 million, with a 19% margin (vs. 21% prior-year quarter). Adjusted EBITDA rose 19% to $766 million, and the margin contracted to 25% from 26% a year ago quarter. Operating cash flow totaled $699 million, up from $691 million, and free cash flow stood at $558 million (-4%). During the third quarter, the company returned $252 million through dividends and share repurchases. Executive Vice President and Chief Financial Officer Todd Fister said, ”We also executed a $200 million share
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- 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