Countdown to Owens Corning (OC) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS

Core Insights - Owens Corning (OC) is expected to report quarterly earnings of $2.87 per share, reflecting a decline of 10.6$2.78 billion, indicating a 20.5% increase compared to the previous year [1] - Analysts have revised their consensus EPS estimate upward by 1.9% over the past 30 days, suggesting a collective reassessment of the company's performance [1][2] Financial Metrics - Estimated 'Net Sales- Insulation' is projected at $925.96 million, showing a year-over-year decline of 0.5$894.86 million, reflecting a decrease of 3.6% from the prior-year quarter [4] - 'Net Sales- Composites' is anticipated to reach $505.30 million, indicating a year-over-year change of -1.7$30.49 million, an increase from $26 million reported in the same quarter last year [5] - 'EBIT- Roofing' is expected to be$268.52 million, down from $284 million reported in the previous year [5] - 'EBIT- Insulation' is forecasted to reach$150.61 million, slightly up from $150 million reported in the same quarter last year [6] Market Performance - Owens Corning shares have returned -1.8% over the past month, contrasting with a +4.7% change in the Zacks S&P 500 composite [6] - The company holds a Zacks Rank 2 (Buy), indicating expectations to outperform the overall market in the near future [6]