Owens-Corning Q4 Adj. EPS $3.21 Beats $2.86 Estimate, Sales $2.30B Beat $2.25B Estimate
Portfolio Pulse from Benzinga Newsdesk
Owens-Corning (NYSE:OC) reported Q4 adjusted EPS of $3.21, surpassing the $2.86 estimate, and sales of $2.30B, exceeding the $2.25B estimate. This represents a 28.92% increase in EPS and a 0.83% increase in sales from the same period last year.
February 14, 2024 | 11:01 am
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Owens-Corning reported a significant beat on both EPS and sales estimates for Q4, with EPS at $3.21 against a $2.86 estimate and sales at $2.30B against a $2.25B estimate.
The significant beat on both EPS and sales estimates for Q4 by Owens-Corning suggests a strong financial performance, likely leading to positive investor sentiment and potential short-term stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100