Save the date! Wednesday 6th November 2024, is when Owens Corning (NYSE: OC) will be sharing its eagerly awaited third quarter financial results. Investors and analysts will be able to gain valuable insights into the company's financial performance as the announcement is scheduled before market open.
In accordance with the forecasts of financial specialists on Wall Street, the concern is primed to announce an anticipated $4.05 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $3.04 billion for this particular period.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $4.15. This figure was attributed to the company's total revenue, which reached an impressive $2.48 billion during that same period.
Analysts forecasting the company's performance for this year have been made public. The estimated total revenue is about $11.01 billion. They also predict that throughout the course of the fiscal year, the business will make about profit of $15.4 per share.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $4.64 | +10.0% | 2.79 B | +8.8% |
| Q1 2024 | $3.59 | +29.6% | 2.30 B | -1.3% |
| Q4 2023 | $3.21 | +28.9% | 2.30 B | +0.8% |
| Q3 2023 | $4.15 | +16.2% | 2.48 B | -2.0% |
| Q2 2023 | $4.22 | +10.2% | 2.56 B | -1.5% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 6th November 2024 at 09:00 AM eastern time, in a conference call with public.
Owens Corning (OC) shares experienced a range of $177.73 to $182.49 on a day volume of 604.50 thousand shares. The stock closed Friday's regular trading session at $180.34, demonstrating a 2.01 percent advance.
