OC Earnings Prediction
The chart below shows how OC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, OC sees a +4.14% change in stock price 10 days leading up to the earnings, and a +2.56% change 10 days following the report. On the earnings day itself, the stock moves by -1.82%. This data can give you a slight idea of what to expect for the next quarter's release.
OC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.84B
23.26%
-6.76%
Gross Margin
28.38%
-0.32%
-5.02%
Operating Margin
12.85%
-24.46%
-30.73%
Net Margin
-9.08%
-260.99%
-186.15%
EPS
-3.00
-305.48%
-182.19%
No Data Available
OC Earnings Analysis
Owens Corning Corporation (OC.N) Earnings Conference Call
Positive
Earnings Per Share Beat: Owens Corning reported an EPS of $3.22, exceeding expectations of $2.87, indicating strong financial performance.
Strategic Focus Shift: The company executed three major strategic moves in 2024 to reshape its focus on building products in North America and Europe, which is expected to drive long-term growth.
Earnings Resilience and Stability: Owens Corning consistently delivered higher and more resilient earnings and cash flow throughout the year, showcasing operational efficiency and financial stability.
Negative
Slower Revenue Growth: Owens Corning's revenue growth was slower than expected, indicating potential challenges in market demand.
Rising Raw Material Costs: The company faced increased raw material costs, which could impact future profitability.
Sales Volume Decline: There was a decline in sales volume in certain segments, suggesting weakening demand in those areas.
Operating Income Decline: The company reported a decrease in operating income compared to the previous year, raising concerns about operational efficiency.
Construction Market Uncertainties: Management highlighted uncertainties in the construction market, which could affect future performance.
OC FAQs
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OC Earning Call Sentiment
Owens Corning (NYSE:OC) Q4 2024 Earnings Call Transcript
OC.N
0.7%Positive
The earnings call highlights strong financial performance, with EPS exceeding expectations and resilient cash flow. Strategic initiatives focus on core markets, and the share repurchase program signals confidence. Despite some risks, positive pricing trends and operational efficiency suggest a favorable outlook. The Q&A session indicates healthy utilization rates and expected margin improvements, supporting a positive sentiment. Overall, the combination of strong earnings, strategic focus, and shareholder returns suggests a positive stock price movement in the short term.
