For the quarter ended March 2025, Owens Corning (OC) reported revenue of $2.53 billion, up 10% over the same period last year. EPS came in at $2.97, compared to $3.59 in the year-ago quarter.The reported revenue represents a surprise of +0.54% over the Zacks Consensus Estimate of $2.52 billion. With the consensus EPS estimate being $2.82, the EPS surprise was +5.32%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expecta ...

Owens Corning (OC) Q1 2025 Earnings Call May 07, 2025 09:00 AM ET Speaker0 Hello, everyone, and welcome to Owens Corning's First Quarter twenty twenty five Earnings Call. My name is Lydia, and I'll be your operator today. After prepared remarks, there'll be an opportunity to ask questions. I'll now hand you over to Amber Wolfa, Vice President of Corporate Affairs and Investor Relations to begin. Please go ahead. Speaker1 Good morning. Thank you for taking the time to join us for today's conference call and ...

Owens Corning (OC) came out with quarterly earnings of $2.97 per share, beating the Zacks Consensus Estimate of $2.82 per share. This compares to earnings of $3.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.32%. A quarter ago, it was expected that this construction materials company would post earnings of $2.87 per share when it actually produced earnings of $3.22, delivering a surprise of 12.20%.Over the last four quar ...

Market Overview - The U.S. Roofing Shingles Market was valued at USD 7.47 billion in 2024 and is projected to reach USD 10.36 billion by 2030, with a CAGR of 5.60% [1][27] - The market has seen significant growth due to increasing residential construction activities, demand for durable and aesthetically pleasing roofing solutions, and awareness of eco-friendly options [2] Industry Trends - There is a rising demand for smart roofing systems that incorporate technology such as sensors and solar tiles, enhancing functionality [4] - The roofing industry is experiencing a surge in mergers and acquisitions, driven by innovations in material performance and sustainability [5] - A focus on durable roofing solutions is increasing due to extreme weather events, with 51% of U.S. homeowners interested in weather-related improvements [6] Market Drivers - The rise in residential construction is a key driver, with spending on residential construction reaching USD 944.4 billion by January 2025 [7] - Changing architectural tastes are leading to increased demand for modern aesthetics and customized living spaces [8] - There is a growing need for re-roofing due to wear and tear from environmental factors, with companies like Atlas Roofing and TAMKO providing re-roofing services [9] Market Challenges - High production and installation costs remain a concern, with typical roof replacement costs ranging from USD 5,400 to USD 19,800 [10] - Supply chain challenges, including raw material procurement and transportation disruptions, are impacting the roofing shingles industry [11] Market Segmentation - The market is segmented by type, with asphalt shingles being the major revenue contributor, accounting for over USD 2.24 billion in 2024 [12] - The re-roofing application segment dominated the market share in 2024, driven by aging roofs and environmental wear [15] - The residential segment is expected to witness significant growth, driven by re-roofing and new construction [17] Geographical Insights - The Southern U.S. holds a majority share of the market, with rapid growth in housing and real estate [19] - The Western U.S. is expected to grow at a CAGR of over 5.5% during the forecast period, driven by multiple end-user industries [20] Competitive Landscape - Major companies in the U.S. roofing shingles market include GAF Materials LLC, Owens Corning, and CertainTeed Corporation, focusing on innovation and product extensions [21][22]

The upcoming report from Owens Corning (OC) is expected to reveal quarterly earnings of $2.82 per share, indicating a decline of 21.5% compared to the year-ago period. Analysts forecast revenues of $2.52 billion, representing an increase of 9.4% year over year.The current level reflects a downward revision of 0.8% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. ...

In the latest market close, Owens Corning (OC) reached $143.96, with a -0.08% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 0.06%. Meanwhile, the Dow gained 0.28%, and the Nasdaq, a tech-heavy index, lost 0.1%.The the stock of construction materials company has risen by 1.02% in the past month, leading the Construction sector's loss of 6.22% and the S&P 500's loss of 4.29%.The investment community will be paying close attention to the earnings performa ...

Owens Corning (OC) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this construction materials company have returned -6.5% over the past month versus the Zacks S&P 500 composite's -5.1% change. The Zacks Building Products - Miscellaneous industry, to which Owens Corning belongs, has lost 11.9% over this period. Now the key question is: Where could the stock be headed in the n ...

Company Performance - Owens Corning's stock closed at $137.10, with a daily increase of +1.99%, underperforming the S&P 500's gain of 2.51% [1] - The stock has decreased by 11.09% over the past month, compared to the Construction sector's loss of 9.21% and the S&P 500's loss of 8.86% [1] Upcoming Earnings - The company's earnings report is scheduled for May 7, 2025, with projected EPS of $2.82, indicating a 21.45% decline from the same quarter last year [2] - Quarterly revenue is expected to be $2.52 billion, reflecting a 9.41% increase from the previous year [2] Full Year Estimates - For the full year, earnings are projected at $14.33 per share and revenue at $10.58 billion, showing declines of -9.93% and -3.62% respectively from the prior year [3] Analyst Estimates - Recent changes in analyst estimates indicate a positive outlook on Owens Corning's business operations and profit generation capabilities [4] - The Zacks Rank system, which reflects these estimate changes, currently ranks Owens Corning as 4 (Sell) [6] Valuation Metrics - Owens Corning has a Forward P/E ratio of 9.38, which is lower than the industry average of 14.35 [7] - The company has a PEG ratio of 2.21, compared to the average PEG ratio of 1.66 for the Building Products - Miscellaneous industry [7] Industry Context - The Building Products - Miscellaneous industry is part of the Construction sector and holds a Zacks Industry Rank of 156, placing it in the bottom 38% of over 250 industries [8]

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Owens Corning (OC) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Owens Corning currently has an average ...

In the latest trading session, Owens Corning (OC) closed at $138.21, marking a -1.44% move from the previous day. This change lagged the S&P 500's daily loss of 0.17%. Meanwhile, the Dow lost 0.39%, and the Nasdaq, a tech-heavy index, lost 0.05%.Prior to today's trading, shares of the construction materials company had lost 3.33% over the past month. This has was narrower than the Construction sector's loss of 5.56% and the S&P 500's loss of 3.94% in that time.The investment community will be paying close a ...