Owens Corning

NYSE:OC   3:59:50 PM EDT
91.10
+0.88 (+0.98%)
Other Pre-Announcement

Owens Corning Posts Q2 EPS Of $3.49

Published: 07/27/2022 10:36 GMT
Owens Corning (OC) - Delivers Record Net Sales of $2.6 Billion; Generates Net Earnings of $343 Million and Adjusted Ebit of $525 Million.
Q2 Adjusted Earnings per Share $3.83.
Q2 Earnings per Share $3.49.
Sees FY Sales About $60 Million.
Qtrly Reported Net Sales Increase of 16% to $2.6 Billion.
In Near Term, Company Expects U.S. Residential Housing Market and Global Commercial and Industrial Markets to Remain Positive.
For Third-quarter 2022, Company Expects Overall Performance to Result in Net Sales and Adjusted Ebit Growth for Quarter Versus Last Year.
Q2 Earnings per Share View $3.33, Revenue View $2.58 Billion -- Refinitiv Ibes Data (analyst estimates).
Q3 Earnings per Share View $2.92, Revenue View $2.41 Billion -- Refinitiv Ibes Data (analyst estimates).