Shares of Owens-Corning OC were flat in pre-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share rose 4.29% over the past year to $1.70, which beat the estimate of $1.28.
Revenue of $1,904,000,000 rose by 1.12% from the same period last year, which beat the estimate of $1,800,000,000.
Guidance
Owens-Corning hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
How To Listen To The Conference Call
Date: Oct 28, 2020
Time: 09:00 AM
ET Webcast URL: https://services.choruscall.com/links/oc201028.html
Recent Stock Performance
Company's 52-week high was at $76.60
52-week low: $28.56
Price action over last quarter: Up 12.37%
Company Profile
Owens Corning is a leading manufacturer of glass fiber utilized in composites and building materials. The Ohio-based company operates three reporting segments: composites, insulation, and roofing; each segment accounts for about one third of Owens Corning's consolidated sales. The company's end-market exposure breaks down as follows: 34% U.S. repair and remodel, 13% U.S. new residential construction, 19% U.S. commercial and industrial, and 34% international. Owens Corning emerged from asbestos-liability-related bankruptcy in 2006.
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