Owens-Corning Q2 2024 Adj. EPS $4.64 Beats $4.33 Estimate, Sales $2.789B Beat $2.760B Estimate
Portfolio Pulse from Benzinga Newsdesk
Owens-Corning (NYSE:OC) reported Q2 2024 adjusted EPS of $4.64, beating the $4.33 estimate by 7.16%. Sales were $2.789 billion, surpassing the $2.760 billion estimate by 1.06%. Both EPS and sales showed significant year-over-year growth.
August 06, 2024 | 10:01 am
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Owens-Corning reported strong Q2 2024 results with EPS of $4.64 beating estimates by 7.16% and sales of $2.789 billion surpassing estimates by 1.06%. Both metrics showed significant year-over-year growth.
The strong earnings and sales performance, both beating analyst estimates and showing significant year-over-year growth, are likely to positively impact Owens-Corning's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100