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Owens Corning's (OC) first-quarter 2024 results suffer from lower volumes in the Insulation and Composites segments. Higher selling prices aid.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Owens Corning (OC) Q1 2024 Earnings Call Transcript
While the top- and bottom-line numbers for Owens Corning (OC) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Owens Corning (OC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Owens Corning (OC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here is how Owens Corning (OC) and Sterling Infrastructure (STRL) have performed compared to their sector so far this year.
Evaluate the expected performance of Owens Corning (OC) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Recently, Zacks.com users have been paying close attention to Owens Corning (OC). This makes it worthwhile to examine what the stock has in store.