Owens Corning Delivers Record Net Sales of $2.3 Billion, Generates Net Earnings of $304 Million and Adjusted EBIT of $417 Million

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Owens Corning (OC) PT Raised to $133 at Jefferies

April 28, 2022 8:29 AM EDT

Jefferies analyst Philip Ng raised the price target on Owens Corning (NYSE: OC) to $133.00 (from $128.00) while maintaining a Buy rating.

The analyst commented, "We have been impressed with the step up margins in Composites, benefiting from the pivot to higher value... More

Owens Corning (OC) Tops Q1 EPS by 41c

April 27, 2022 6:03 AM EDT

Owens Corning (NYSE: OC) reported Q1 EPS of $2.84, $0.41 better than the analyst estimate of $2.43. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.23 billion.

For earnings history and earnings-related data on Owens Corning (OC) click here.

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