Page 4 - Brian Chambers News Today

Owens Corning (NYSE:OC – Get Free Report) released its earnings results on Wednesday. The construction company reported $3.21 EPS for the quarter, topping analysts’ consensus estimates of $2.82 by $0.39, MarketWatch Earnings reports. Owens Corning had a net margin of 12.36% and a return on equity of 26.13%. The company had revenue of $2.30 billion […]

Barclays lowered shares of Owens Corning (NYSE:OC – Free Report) from an overweight rating to an equal weight rating in a research note issued to investors on Monday, Marketbeat Ratings reports. Barclays currently has $160.00 target price on the construction company’s stock, down from their previous target price of $170.00. A number of other brokerages […]

Owens Corning (NYSE:OC) Q4 2023 Earnings Call Transcript February 14, 2024 Owens Corning beats earnings expectations. Reported EPS is $3.21, expectations were $2.82. Owens Corning isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Hello, everyone, and welcome to the Owens […]

Owens Corning (NYSE:OC – Get Free Report) had its target price lowered by analysts at Royal Bank of Canada from $183.00 to $175.00 in a report released on Thursday, Benzinga reports. The firm currently has an “outperform” rating on the construction company’s stock. Royal Bank of Canada’s price target would indicate a potential upside of […]

Owens Corning beats earnings expectations. Reported EPS is $3.21, expectations were $2.82.

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Janney Montgomery Scott LLC lifted its holdings in shares of Owens Corning (NYSE:OC – Free Report) by 34.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,532 shares of the construction company’s stock after acquiring an additional 10,033 shares during […]

Owens will acquire all outstanding shares of Masonite for $133 per share, which is a nearly 38.3% premium to Masonites last closing price. Shares of Masonite surged 34.2% before the bell.

Owens Corning is buying Masonite, a maker of doors, for $133 a share in cash.