Analysts anticipate Owens-Corning to report an earnings per share (EPS) of $3.81.
Owens-Corning bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Overview of Past Earnings
In the previous earnings release, the company beat EPS by $0.10, leading to a 3.87% increase in the share price the following trading session.
Here's a look at Owens-Corning's past performance and the resulting price change:
Quarter
Q1 2025
Q4 2024
Q3 2024
Q2 2024
EPS Estimate
2.87
2.90
4.05
4.32
EPS Actual
2.97
3.22
4.38
4.64
Price Change %
4.0%
-2.0%
2.0%
-2.0%
Stock Performance
Shares of Owens-Corning were trading at $137.5 as of August 04. Over the last 52-week period, shares are down 10.29%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
Analyst Insights on Owens-Corning
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Owens-Corning.
The consensus rating for Owens-Corning is Outperform, derived from 7 analyst ratings. An average one-year price target ...