Owens Corning Reports Q3 Loss from Continuing Operations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 05 2025
0mins
Should l Buy OC?
Source: NASDAQ.COM
Third Quarter Financial Performance: Owens Corning reported a third quarter loss of $495 million from continuing operations, a significant decline from a profit of $287 million in the previous year, with a loss per share of $5.93.
Adjusted Income and Sales Decline: Adjusted income from continuing operations fell to $306 million, and net sales decreased to $2.68 billion compared to $2.76 billion last year.
Fourth Quarter Revenue Expectations: For the fourth quarter, Owens Corning anticipates revenue from continuing operations to decline by mid-to-high teens, estimating approximately $2.1 billion to $2.2 billion.
Long-Term Financial Goals: The company remains focused on its long-term targets set during the May 2025 Investor Day, aiming for revenue growth, a mid-20% annual adjusted EBITDA margin, and $5 billion in cumulative free cash flow by 2028.
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Analyst Views on OC
Wall Street analysts forecast OC stock price to rise
14 Analyst Rating
8 Buy
6 Hold
0 Sell
Moderate Buy
Current: 135.230
Low
113.00
Averages
135.42
High
163.00
Current: 135.230
Low
113.00
Averages
135.42
High
163.00
About OC
Owens Corning is a building products company. The Company's segments include Roofing, Insulation and Doors. The Company's Roofing segment manufactures and sells residential roofing shingles, oxidized asphalt materials, roofing components and composite lumber primarily used in residential construction. This segment also manufactures and sells glass mat and specialty veil materials used in building and construction applications. Its Insulation segment manufactures and sells thermal and acoustical batts, loose fill insulation, spray foam insulation, wet used chopped strand, foam sheathing and accessories. It also manufactures and sells glass fiber pipe insulation, energy efficient flexible duct media, bonded and granulated stone wool insulation, cellular glass insulation, and foam insulation used in above- and below-grade construction applications. The Company's Doors segment manufactures and sells interior and exterior doors and door systems primarily used in residential construction.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Owens Corning Declares Quarterly Cash Dividend
- Quarterly Cash Dividend: Owens Corning's Board of Directors has declared a cash dividend of $0.79 per share, payable on April 9, 2026, indicating the company's stable financial condition and ongoing profitability.
- Record Date for Shareholders: The dividend will be paid to shareholders of record as of March 9, 2026, ensuring returns for existing shareholders and enhancing investor confidence.
- Future Dividend Policy: Future dividends will be determined by the Board based on the company's earnings, financial condition, and cash requirements, reflecting the company's commitment to sustainable growth.
- Company Overview: Founded in 1938, Owens Corning reported sales of $11.0 billion in 2024 and is dedicated to sustainable development through material innovation, employing over 25,000 people across 31 countries.
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- Industry Pressure: Kuehne + Nagel International AG (KHNGY) also suffers from an F EPS revision grade and a Quant rating of 2.67, suggesting doubts about its competitiveness in the global logistics sector, potentially affecting its future market share.
- Multiple Companies Challenged: Owens Corning (OC) and Komatsu Ltd. (KMTUY) are rated F with Quant ratings of 1.76 and 2.02 respectively, highlighting significant challenges in profitability and market performance, which could lead to stock price volatility.
- Analyst Skepticism: Overall, among 20 large-cap industrial companies, the majority have EPS revision grades of D- or F, reflecting a pessimistic outlook from analysts regarding their earnings capabilities, which may influence investor decisions and market sentiment.
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Owens Corning Options Strategy: $115 Put Contract Offers Significant Appeal
- Put Option Appeal: The $115 put option for Owens Corning has a current bid of $11.40, and if an investor sells to open this option, they commit to buying the stock at $115, effectively lowering their cost basis to $103.60, which represents a 7% discount compared to the current price of $123.02, making it attractive for those looking to enter at a lower price.
- Yield Potential Analysis: Should the put option expire worthless, it would yield a 9.91% return on the cash commitment, or 10.64% annualized, enhancing the strategy's appeal in terms of risk management and yield enhancement, particularly in a volatile market environment.
- Call Option Returns: The $130 call option has a current bid of $14.00, and if an investor buys shares at $123.02 and sells this call, they could achieve a total return of 17.05% if the stock is called away at expiration, providing an additional income opportunity for investors.
- Market Volatility Consideration: The implied volatility for the put option stands at 40%, while the call option is at 38%, with the actual trailing twelve-month volatility calculated at 37%, offering crucial market context for investors when selecting their options strategies to make informed decisions.
See More
Owens Corning Declares Quarterly Cash Dividend
- Quarterly Cash Dividend: Owens Corning's Board of Directors has declared a cash dividend of $0.79 per share, payable on April 9, 2026, indicating the company's stable financial condition and ongoing profitability.
- Record Date for Shareholders: The dividend will be paid to shareholders of record as of March 9, 2026, ensuring returns for existing shareholders and enhancing investor confidence.
- Future Dividend Policy: Future dividends will be determined by the Board based on the company's earnings, financial condition, and cash requirements, reflecting the company's commitment to sustainable growth.
- Company Overview: Founded in 1938, Owens Corning reported sales of $11.0 billion in 2024 and is dedicated to sustainable development through material innovation, employing over 25,000 people across 31 countries.
See More
Chilly Weather Could Boost These Stocks.
- Impact of Winter Storm: A recent winter storm has led to increased demand for snow removal equipment and supplies among Americans.
- Consequences of Cold Weather: The subsequent cold temperatures have resulted in issues such as frozen pipes, damaged roofs, and power outages.
See More
Meta Partners with Corning for $6 Billion Fiber-Optic Deal
- Major Investment Agreement: Meta has committed to paying Corning up to $6 billion by 2030 for fiber-optic cables for its AI data centers, significantly enhancing Meta's competitive edge in AI infrastructure development.
- Surging Demand: Corning's optical communications revenue jumped 33% year-over-year to $1.65 billion in Q3, reflecting that AI data centers require far more fiber than traditional cloud computing, driving total sales up 14% to $4.27 billion.
- Technological Innovation: Corning's newly developed AI-specific fiber, named 'Contour', can fit twice as many strands into a standard conduit and reduce the number of connectors, thereby improving data transmission efficiency to meet the urgent needs of clients like Meta for higher computing capacity.
- Optimistic Market Outlook: Corning's CEO anticipates that hyperscalers will become its largest customers next year, as the proliferation of AI technology continues to drive fiber demand, further solidifying Corning's market position in optical communications.
See More
Stock Market Outlook: Earnings Season Begins
- Earnings Season Begins: Wall Street prepares for a busy earnings week with major companies like Apple, Microsoft, and Starbucks reporting, which could significantly influence market movements based on performance expectations.
- Weather Boosts Retail: A massive snowstorm in the southern and eastern U.S. is likely to drive sales for Home Depot and Costco as consumers turn to these retailers to prepare for and recover from severe weather conditions.
- Eaton Spin-off Plan: Eaton announced plans to separate its vehicle and e-mobility businesses, which is expected to unlock immediate value for shareholders, leading to a nearly 2% premarket stock increase.
- Nvidia's AI Investment: Nvidia's $2 billion investment in AI infrastructure provider CoreWeave comes amid concerns over rising memory prices, yet analysts predict revenue acceleration into 2027, indicating strong long-term growth potential.
See More
Ingersoll Rand and Others Face Severe EPS Downgrades Ahead of Earnings Season
- Earnings Downgrades: Ingersoll Rand Inc. (IR) faces the steepest earnings downgrades with an EPS revision grade of F and a Quant rating of 2.04, indicating strong analyst concerns about its near-term performance, which may lead to decreased investor confidence.
- Industry Pressure: Kuehne + Nagel International AG (KHNGY) also suffers from an F EPS revision grade and a Quant rating of 2.67, suggesting doubts about its competitiveness in the global logistics sector, potentially affecting its future market share.
- Multiple Companies Challenged: Owens Corning (OC) and Komatsu Ltd. (KMTUY) are rated F with Quant ratings of 1.76 and 2.02 respectively, highlighting significant challenges in profitability and market performance, which could lead to stock price volatility.
- Analyst Skepticism: Overall, among 20 large-cap industrial companies, the majority have EPS revision grades of D- or F, reflecting a pessimistic outlook from analysts regarding their earnings capabilities, which may influence investor decisions and market sentiment.
See More
Owens Corning Options Strategy: $115 Put Contract Offers Significant Appeal
- Put Option Appeal: The $115 put option for Owens Corning has a current bid of $11.40, and if an investor sells to open this option, they commit to buying the stock at $115, effectively lowering their cost basis to $103.60, which represents a 7% discount compared to the current price of $123.02, making it attractive for those looking to enter at a lower price.
- Yield Potential Analysis: Should the put option expire worthless, it would yield a 9.91% return on the cash commitment, or 10.64% annualized, enhancing the strategy's appeal in terms of risk management and yield enhancement, particularly in a volatile market environment.
- Call Option Returns: The $130 call option has a current bid of $14.00, and if an investor buys shares at $123.02 and sells this call, they could achieve a total return of 17.05% if the stock is called away at expiration, providing an additional income opportunity for investors.
- Market Volatility Consideration: The implied volatility for the put option stands at 40%, while the call option is at 38%, with the actual trailing twelve-month volatility calculated at 37%, offering crucial market context for investors when selecting their options strategies to make informed decisions.
See More
