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June 20, 2014
07:32 EDTOCOwens Corning cuts FY14 adjusted EBIT to $416M from $500M
Cuts roofing volumes in 1H14 to be 20% lower than 1H13 volumes. The company expects to recover a portion of this volume shortfall in the second half of the year. However, continued weakness in the second quarter has introduced further uncertainty in the full-year financial outlook for the company's roofing business. The company continues to see improvement in the year-over-year performance of both its insulation and composites businesses. Earnings growth in these two businesses is expected to more than offset the weaker financial performance in the roofing business year over year.
News For OC From The Last 14 Days
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July 28, 2015
14:21 EDTOCMasco spikes higher after quarterly results and analyst upgrade
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July 23, 2015
10:00 EDTOCOn The Fly: Analyst Upgrade Summary
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07:32 EDTOCOwens Corning rally a selling opportunity, says Citi
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07:25 EDTOCOwens Corning upgraded on results, valuation at Stifel
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06:38 EDTOCOwens Corning upgraded to Buy from Hold at Stifel
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July 22, 2015
14:37 EDTOCHome improvement stocks rally after Owens Corning results, home sales data
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13:23 EDTOCOwens Corning upgraded to Outperform from Market Perform at FBR Capital
09:32 EDTOCOwens Corning outlook to temper share upside, says JPMorgan
JPMorgan analyst Michael Rehaut expects Owens Corning's full year EBIT guidance to limit the upside in shares following the better than expected Q2 earnings report. The outlook implies an earnings midpoint that is roughly in-line with the consensus, which suggests a second half of 2015 performance that is modestly below current expectations, JPMorgan tells investors. It keeps a Neutral rating on the stock.
09:07 EDTOCOn The Fly: Pre-market Movers
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07:32 EDTOCOwens Corning sees FY15 EBIT $460M-$500M
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07:30 EDTOCOwens Corning reports Q2 adjusted EPS 79c, consensus 54c
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July 21, 2015
15:02 EDTOCNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include Coca-Cola (KO), consensus 60c... Boeing (BA), consensus $1.42... Abbott Laboratories (ABT), consensus 50c... Thermo Fisher Scientific (TMO), consensus $1.78... EMC (EMC), consensus 41c... Illinois Tool Works (ITW), consensus $1.28... St. Jude Medical (STJ), consensus $1.00... Northern Trust (NTRS), consensus 96c... Check Point Software (CHKP), consensus 95c... Polaris Industries (PII), consensus $1.58... Interpublic Group (IPG), consensus 27c... New York Community Bancorp (NYCB), consensus 26c... B/E Aerospace (BEAV), consensus 76c... Owens Corning (OC), consensus 54c... Knight Transportation (KNX), consensus 37c.

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