Owens Corning (OC) Q2 Earnings Beat Estimates, Q3 View Strong
OCOwens ning(OC) ZACKS·2024-08-08 01:40

Owens Corning (OC) reported mixed results for second-quarter 2024, wherein earnings surpassed the Zacks Consensus Estimate but net sales missed the same. On a year-over-year basis, both earnings and net sales increased on the back of strong commercial execution and manufacturing performance as well as the strategic choice to acquire Masonite.Owens Corning's shares gained 4.1% in the day trading session, but fell 5% in the after-hour trading session on Aug 6.Inside the HeadlinesThe company reported adjusted ...