tiprankstipranks
Owens Corning reports Q3 adjusted EPS $4.38, consensus $4.05
The Fly

Owens Corning reports Q3 adjusted EPS $4.38, consensus $4.05

Reports Q3 revenue $3B, consensus $3.04B. “Our third-quarter results demonstrate the impact of the strategic choices and structural improvements we have made to strengthen Owens Corning (OC) 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 undertaking, is accelerating our growth, strengthening our earnings power, and reshaping the company,” said Chair and Chief Executive Officer Brian Chambers. “As we finish 2024, we remain focused on sustaining our strong financial performance while executing our strategic agenda to sharpen our product and geographic focus where we can create unique value for our customers and shareholders.”

Pick the best stocks and maximize your portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App