A Preview Of Owens-Corning's Earnings
Portfolio Pulse from Benzinga Insights
Owens-Corning (NYSE:OC) is anticipated to report an EPS of $2.86 in its upcoming quarterly earnings on February 14, 2024. Historical data shows the company has previously beaten EPS estimates, leading to positive stock price movements. Shares are currently trading at $149.25, with a 44.2% increase over the last year. Investors are keen on both the earnings outcome and the company's future guidance.
February 13, 2024 | 2:01 pm
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Owens-Corning is expected to report a Q4 EPS of $2.86, with historical performance indicating potential for positive stock movement post-earnings. Shares have seen a 44.2% increase over the past year, indicating strong investor confidence.
Given Owens-Corning's history of beating EPS estimates and the subsequent positive impact on its stock price, there is a high likelihood of a positive short-term impact on OC's stock price if the company beats the EPS estimate again and provides favorable future guidance. The 44.2% year-over-year stock increase further supports investor confidence in the company.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100