Owens Corning Reports Second-Quarter 2015 Results
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FBR Capital Upgrades Owens Corning (OC) to Outperform
July 22, 2015 1:49 PM EDTFBR Capital upgraded Owens Corning (NYSE: OC) from Market Perform to Outperform with a price target of $53.00 (from $42.00) following strong results.
Analyst Alex Rygie commented, "This morning, Owens Corning (OC) announced 2Q15 results that were ahead of expectations. It appears that OC's largest segment,... More
Owens Corning (OC) Tops Q2 EPS by 25c; Updates on FY15 Outlook
July 22, 2015 7:28 AM EDTOwens Corning (NYSE: OC) reported Q2 EPS of $0.79, $0.25 better than the analyst estimate of $0.54. Revenue for the quarter came in at $1.41 billion versus the consensus estimate of $1.41 billion.
Outlook
The company continues to expect to benefit in 2015 from sustained improvement in the U.S. housing market and moderate... More
