Owens Corning (OC) is benefiting from robust demand for its Roofing business, positive pricing efforts and product innovation. Also, the emphasis on strategic initiatives and acquisitions bodes well. The Zacks Rank #3 (Hold) company has a long-term earnings growth rate of 26.1%, which highlights its strength. The growth prospect is further solidified with a VGM Score of A, backed by Growth and Value Score of A. The positive trend signifies bullish analysts’ sentiments, robust fundamentals and prospects of a ...

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC) today published its 2023 Sustainability Report, Making the Difference, outlining the company’s progress toward its 2030 sustainability goals. “ Owens Corning demonstrated outstanding financial and sustainability results in 2023, showcasing the power of our company’s mission to build a sustainable future through material innovation,” said Board Chair and Chief Executive Officer Brian Chambers. “ This report reflects the global scope of our people and ou ...

A month has gone by since the last earnings report for Owens Corning (OC) . Shares have added about 10.8% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Owens Corning due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Owens Corning Q4 Earnings & Net Sales Beat Estima ...

In the latest trading session, Owens Corning (OC) closed at $162.37, marking a +1.79% move from the previous day. The stock's change was more than the S&P 500's daily loss of 0.19%. Meanwhile, the Dow gained 0.1%, and the Nasdaq, a tech-heavy index, lost 0.54%. Prior to today's trading, shares of the construction materials company had gained 8.48% over the past month. This has outpaced the Construction sector's gain of 6.64% and the S&P 500's gain of 3.18% in that time. The investment community will be payi ...

Owens Corning (OC) closed the latest trading day at $149.78, indicating a -0.08% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.52%. On the other hand, the Dow registered a gain of 0.12%, and the technology-centric Nasdaq increased by 0.9%. Shares of the construction materials company have depreciated by 1.08% over the course of the past month, underperforming the Construction sector's gain of 9.43% and the S&P 500's gain of 3.85%. Analysts and investors alike will be ...

Whirlpool公司 - Whirlpool公司面临挑战，但股票价值较低[3] - Whirlpool公司将专注于其核心北美市场，通过与土耳其公司的子公司合并，创立一个新公司[4] Owens Corning公司 - Owens Corning公司决定加大对北美住房市场的投资，收购Masonite公司[8] - Owens Corning公司和Masonite公司之间存在成本和销售协同效应，有望在两年内削减开支[10] UPS公司 - UPS公司在2024年有望表现更好，受益于经济活动的支持和成本的下降[12] - UPS公司在关键目标终端市场继续增长收入，具有很大的复苏潜力[17]

Zacks Rank系统 - Zacks专注于Zacks Rank系统，强调盈利预期和预期修订，以找到优质股票[1] 价值投资策略 - 价值投资是一种寻找被市场低估的公司的策略[2] Owens Corning (OC)股票 - Owens Corning (OC)是一个值得关注的股票，目前持有Zacks Rank 2（买入）和价值评级A[4]

Owens Corning (OC) reported better-than-expected results for fourth-quarter 2023. Both earnings and net sales surpassed the Zacks Consensus Estimate and increased on a year-over-year basis. Owens Corning's shares plunged 2.7% on Feb 14, after the earnings release. Chair and chief executive officer of OC, Brian Chambers, said, “Looking ahead, we will continue to focus on delivering outstanding results in the near-term as we execute the strategic moves announced last week which will further strengthen our lea ...

财务数据和关键指标变化 - 2023年全年收入为97亿美元,较上年略有下降 [11] - 2023年全年调整后EBIT为18亿美元,较上年增长2% [26] - 2023年全年调整后EBITDA为23亿美元,较上年增长2% [26] - 2023年全年调整后每股收益为14.42美元,较上年增长12% [26] - 2023年全年自由现金流为12亿美元,自由现金流转换率为91% [29] 各条业务线数据和关键指标变化 屋顶业务 - 2023年第四季度收入增长16%,全年收入增长10%至40亿美元 [32][34] - 2023年第四季度EBIT增长68%至2.84亿美元,全年EBIT增长43%至12亿美元 [32][36] - 2023年第四季度EBIT利润率为31%,全年EBIT利润率为29% [32][36] 绝缘业务 - 2023年第四季度收入下降3%,全年收入下降1%至37亿美元 [37][39] - 2023年第四季度EBIT下降2%至1.5亿美元,全年EBIT增长1%至6.19亿美元 [37][39] - 2023年第四季度EBIT利润率为16%,全年EBIT利润率为17% [37][39] 复合材料业务 - 2023年第四季度收入下降13%至5.14亿美元,全年收入下降14%至23亿美元 [40][43] - 2023年第四季度EBIT下降59%至2600万美元,全年EBIT下降51%至2.42亿美元 [40][43] - 2023年第四季度EBIT利润率为5%,全年EBIT利润率为11% [40][43] 各个市场数据和关键指标变化 - 2023年第四季度美国沥青瓦市场销量同比增长24%,公司销量增长略低于市场 [33][35] - 2023年全年美国沥青瓦市场销量同比增长6%,公司销量增长略低于市场 [35][36] - 2023年第四季度欧洲和全球技术绝缘业务收入略有下降,主要受宏观环境影响 [37][39] - 2023年第四季度复合材料业务收入下降,主要受需求疲软和价格压力影响 [40][41] 公司战略和发展方向及行业竞争 - 公司通过收购Masonite进入住宅门业务,扩大在建筑材料领域的领导地位 [14][15] - 公司正在对玻璃增强材料业务进行战略评估,以进一步聚焦建筑材料业务 [19] - 公司将利用在运营模式、创新和可持续发展方面的优势,提升Masonite的业务表现 [18] - 公司将继续专注于提升核心业务地位、拓展新的产品领域以及开发多材料和预制建筑解决方案 [13] 管理层对经营环境和未来前景的评论 - 2024年第一季度公司整体收入预计略低于上年同期,EBIT利润率预计达到中个位数 [47][55] - 2024年美国单户新建住宅市场预计将随着需求回升而逐步改善,而修缮改造投资将更取决于产品和价格 [46] - 欧洲宏观环境预计将继续保持挑战,而全球工业生产预计将温和增长 [46] - 公司已将屋顶业务的长期EBIT利润率指引从20%左右上调至中20%左右 [50][51] - 公司将继续专注于提升运营效率、拓展高毛利产品组合以及开发创新产品,以提升各业务的盈利能力 [56][57] 问答环节重要的提问和回答 问题1 **Joe Ahlersmeyer 提问** 询问公司提高屋顶业务利润率的具体措施 [64] **Brian Chambers 回答** 公司通过提升运营效率、扩大高毛利组件业务以及产品创新等措施,提高了屋顶业务的利润率 [65][66][67] 问题2 **Stephen Kim 提问** 询问公司在屋顶和绝缘业务中是否会采取扩产策略来提高市场份额 [72][73] **Brian Chambers 和 Todd Fister 回答** 公司更多采取提升现有产能利用率的方式来增加产量,而不是大规模扩产。这样可以更有效地提升资本回报率 [74][75][76][77][78] 问题3 **Michael Rehaut 提问** 询问公司提高屋顶业务长期利润率目标的具体驱动因素 [82] **Brian Chambers 回答** 主要是运营效率提升、组件业务增长以及产品创新和定价能力提升等因素 [83][84][85]

For the quarter ended December 2023, Owens Corning (OC) reported revenue of $2.3 billion, up 0.8% over the same period last year. EPS came in at $3.21, compared to $2.49 in the year-ago quarter. The reported revenue represents a surprise of +2.97% over the Zacks Consensus Estimate of $2.24 billion. With the consensus EPS estimate being $2.82, the EPS surprise was +13.83%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...