Owens Corning (OC) Tops Q4 EPS by 32c, provides outlook

Owens Corning (NYSE: OC) reported Q4 EPS of $3.22, $0.32 better than the analyst estimate of $2.90. Revenue for the quarter came in at $2.84 billion versus the consensus estimate of $2.78 billion.

Outlook

For the first-quarter 2025, the company expects to continue delivering strong results, reflecting structural changes to the company and its cost structure, even in a mixed market environment. It expects revenue from continuing operations to grow mid-20 percent, compared to prior year’s revenue of $2.0 billion adjusted for glass reinforcements being moved to discontinued operations. The enterprise is expected to generate EBITDA margin from continuing operations of low-20 percent.

For earnings history and earnings-related data on Owens Corning (OC) click here.

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