Owens Corning Q4 Earnings: Sales Jump 23%, EPS Beats Estimates, Forecasts Mid 20% Revenue Growth For Q1
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 24 2025
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Source: Benzinga
Financial Performance: Owens Corning Inc. reported a 23% year-over-year growth in fourth-quarter net sales to $2.84 billion, surpassing expectations, with adjusted EPS at $3.22 and operating cash flow totaling $676 million.
Future Outlook: The company anticipates strong performance in the first quarter of 2025, projecting mid-20% revenue growth from continuing operations and an EBITDA margin in the low-20% range, while also planning significant capital additions.
Analyst Views on SOLR
Wall Street analysts forecast SOLR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SOLR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 32.590
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Current: 32.590
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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.
