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Owens Corning faces market confidence test ahead of Q3 earnings release

Earnings Whispers · ·by G4L

OC
OC Owens Corning
$122.97 -3.19%
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  1. 1Owens Corning recorded earnings per share of $3.93 and an adjusted EBITDA margin of 24% for Q2.
  2. 2The analyst estimate of $2.96 earnings per share represents a 19.4% decrease compared to the analyst estimate of $2.96 earnings per share from the previous year.
  3. 3Insulation segment revenue grew 4% in Q2.

So what's the key point?

Owens Corning's Q2 earnings per share reached $3.93. While this was higher than what experts expected, the expected value itself has decreased by 19.4% compared to last year.

Source Earnings Whispers · View original ↗

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