Owens-Corning: Q3 Earnings Insights

Owens-Corning: Q3 Earnings Insights

Owens-Corning OC reported its Q3 earnings results on Wednesday, October 26, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Owens-Corning beat estimated earnings by 11.21%, reporting an EPS of $3.57 versus an estimate of $3.21.

Revenue was up $316.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.51 which was followed by a 6.5% increase in the share price the next day.

Here's a look at Owens-Corning's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 3.32 2.43 1.91 2.48
EPS Actual 3.83 2.84 2.20 2.52
Revenue Estimate 2.57B 2.23B 2.04B 2.18B
Revenue Actual 2.60B 2.35B 2.13B 2.21B

To track all earnings releases for Owens-Corning visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: EarningsBZI-Recaps