Owens Corning Reports Third-Quarter 2018 Results

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Owens Corning (OC) PT Lowered to $47 at Credit Suisse

October 25, 2018 7:54 AM EDT

Credit Suisse analyst Susan Maklari lowered the price target on Owens Corning (NYSE: OC) to $47.00 (from $57.00) while maintaining a Neutral rating.

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Owens Corning (OC) PT Lowered to $55 at Stifel

October 25, 2018 7:42 AM EDT

Stifel analyst John Baugh lowered the price target on Owens Corning (NYSE: OC) to $55.00 (from $75.00) while maintaining a Buy rating following the company's 3Q report. Owens Corning reported a 7% increase in sales and a 12% increase in adjusted EBIT during the third quarter. Results... More

Nomura/Instinet Reiterates Buy on Owens Corning (OC)

October 25, 2018 7:37 AM EDT

Nomura/Instinet analyst, Michael Wood, reiterated a Buy rating and $78.00 price target on Owens Corning (NYSE: OC) following the company's 3Q earnings report. Nomura/Instinet adjusted 2019 and 2020 EBIT estimates by 3% and -2% to $912mn and $959mn.

After speaking to the company, Wood believes... More

Owens Corning (OC) PT Lowered to $73 at Jefferies

October 25, 2018 7:23 AM EDT

Jefferies analyst Philip Ng lowered the price target on Owens Corning (NYSE: OC) to $73.00 (from $88.00) while maintaining a Buy rating following the company's 3Q report. The volume shortfall in insulation drove shares down sharply, but resi was up ex-the business it walked... More

Owens Corning (OC) Misses Q3 EPS by 12c, Revenues Miss

October 24, 2018 6:32 AM EDT

Owens Corning (NYSE: OC) reported Q3 EPS of $1.54, $0.12 worse than the analyst estimate of $1.66. Revenue for the quarter came in at $1.82 billion versus the consensus estimate of $1.9 billion.

The company executed well in the quarter with improved operating performance and significant commercial progress,... More