OC - Owens Corning Likely To Report Higher Q4 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts | Benzinga
Owens Corning (NYSE: OC) is expected to release earnings results for its fourth quarter, before the opening bell on Feb. 14, 2024.
Analysts expect the Toledo, Ohio-based company to report quarterly earnings at $2.86 per share, up from year-ago earnings of $2.49 per share. Owens Corning is projected to report quarterly revenue of $2.25 billion, compared to $2.29 billion in the year-earlier quarter, according to data from Benzinga Pro.
Owens Corning recently agreed to acquire Masonite International Corporation (NYSE: DOOR) for $133.00 per share in cash, representing an approximate 38% premium to Masonite’s closing share price on Feb. 8.
Owens Corning shares fell 1.5% to close at $147.04 on Tuesday.
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