Owens Corning Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Owens Corning OC will release its fourth-quarter financial results after the closing bell on Monday, Feb. 24.

Analysts expect the Toledo, Ohio-based company to report quarterly earnings at $2.91 per share, down from $3.21 per share in the year-ago period. Owens Corning projects quarterly revenue of $2.77 billion, compared to $2.3 billion a year earlier, according to data from Benzinga Pro.

On Feb. 14, Owens Corning agreed to sell glass reinforcements business to Praana Group at an enterprise value of $755 million.

Owens Corning shares fell 1.2% to close at $172.10 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• Loop Capital analyst Garik Shmois maintained a Buy rating and cut the price target from $215 to $210 on Jan. 10, 2025. This analyst has an accuracy rate of 70%.
• Citigroup analyst Paul Lejuez maintained a Buy rating and slashed the price target from $212 to $207 on Jan. 6, 2025. This analyst has an accuracy rate of 65%.
• Barclays analyst Matthew Bouley upgraded the stock from Equal-Weight to Overweight and boosted the price target from $192 to $245 on Dec. 11, 2024. This analyst has an accuracy rate of 72%.
• RBC Capital analyst Mike Dahl maintained an Outperform rating and raised the price target from $213 to $217 on Nov. 7, 2024. This analyst has an accuracy rate of 73%.
• UBS analyst John Lovallo maintained a Buy rating and boosted the price target from $197 to $218 on Nov. 7, 2024. This analyst has an accuracy rate of 69%.

Considering buying OC stock? Here’s what analysts think:

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