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Owens Corning Earnings Estimate

OC Stock  USD 167.21  3.06  1.86%   
The next projected EPS of Owens Corning is estimated to be 3.05 with future projections ranging from a low of 2.9 to a high of 3.17. Owens Corning's most recent 12-month trailing earnings per share (EPS TTM) is at 13.13. Please be aware that the consensus of earnings estimates for Owens Corning is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Owens Corning is projected to generate 3.05 in earnings per share on the 31st of March 2024. Owens Corning earnings estimates module stress-tests analyst consensus about projected Owens Corning EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Owens Corning, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Owens Corning's earnings estimates, investors can diagnose different trends across Owens Corning's analyst sentiment over time as well as compare current estimates against different timeframes. At present, Owens Corning's Pretax Profit Margin is projected to increase slightly based on the last few years of reporting. The current year's Operating Profit Margin is expected to grow to 0.20, whereas Gross Profit Margin is forecasted to decline to 0.24.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Owens Corning. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.

Owens Corning Earnings Estimation Breakdown

The calculation of Owens Corning's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Owens Corning is estimated to be 3.05 with the future projection ranging from a low of 2.9 to a high of 3.17. Please be aware that this consensus of annual earnings estimates for Owens Corning is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
3.21
2.90
Lowest
Expected EPS
3.05
3.17
Highest

Owens Corning Earnings Projection Consensus

Suppose the current estimates of Owens Corning's value are higher than the current market price of the Owens Corning stock. In this case, investors may conclude that Owens Corning is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Owens Corning's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2024Current EPS (TTM)
2386.99%
3.21
3.05
13.13

Owens Corning Earnings per Share Projection vs Actual

Actual Earning per Share of Owens Corning refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Owens Corning predict the company's earnings will be in the future. The higher the earnings per share of Owens Corning, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Owens Corning Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Owens Corning, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Owens Corning should always be considered in relation to other companies to make a more educated investment decision.

Owens Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Owens Corning's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-02-14
2023-12-312.863.210.3512 
2023-10-25
2023-09-303.824.150.33
2023-07-26
2023-06-303.234.220.9930 
2023-04-26
2023-03-312.222.770.5524 
2023-02-15
2022-12-312.362.490.13
2022-10-26
2022-09-303.193.570.3811 
2022-07-27
2022-06-303.333.830.515 
2022-04-27
2022-03-312.432.840.4116 
2022-02-16
2021-12-311.912.20.2915 
2021-10-27
2021-09-302.462.520.06
2021-07-28
2021-06-302.142.60.4621 
2021-04-28
2021-03-311.431.730.320 
2021-02-17
2020-12-311.381.90.5237 
2020-10-28
2020-09-301.321.70.3828 
2020-07-29
2020-06-300.20.880.68340 
2020-04-29
2020-03-310.540.60.0611 
2020-02-19
2019-12-311.131.130.0
2019-10-23
2019-09-301.491.630.14
2019-07-24
2019-06-301.161.310.1512 
2019-04-24
2019-03-310.560.54-0.02
2019-02-20
2018-12-311.261.380.12
2018-10-24
2018-09-301.651.54-0.11
2018-07-25
2018-06-301.451.17-0.2819 
2018-04-25
2018-03-310.960.8-0.1616 
2018-02-21
2017-12-311.041.110.07
2017-10-25
2017-09-301.261.25-0.01
2017-07-26
2017-06-301.081.20.1211 
2017-04-26
2017-03-310.610.850.2439 
2017-02-08
2016-12-310.60.720.1220 
2016-10-26
2016-09-300.991.090.110 
2016-07-27
2016-06-300.861.290.4350 
2016-04-27
2016-03-310.340.530.1955 
2016-02-10
2015-12-310.450.660.2146 
2015-10-21
2015-09-300.680.960.2841 
2015-07-22
2015-06-300.540.790.2546 
2015-04-22
2015-03-310.130.190.0646 
2015-02-11
2014-12-310.420.470.0511 
2014-10-22
2014-09-300.490.630.1428 
2014-07-23
2014-06-300.460.38-0.0817 
2014-04-23
2014-03-310.350.29-0.0617 
2014-02-12
2013-12-310.270.440.1762 
2013-10-23
2013-09-300.640.53-0.1117 
2013-07-24
2013-06-300.690.57-0.1217 
2013-04-24
2013-03-310.20.290.0945 
2013-02-20
2012-12-310.160.11-0.0531 
2012-10-24
2012-09-300.360.33-0.03
2012-08-01
2012-06-300.640.54-0.115 
2012-04-25
2012-03-310.310.09-0.2270 
2012-02-15
2011-12-310.480.4-0.0816 
2011-10-26
2011-09-300.760.90.1418 
2011-08-03
2011-06-300.580.610.03
2011-04-27
2011-03-310.360.2-0.1644 
2011-02-16
2010-12-310.190.230.0421 
2010-10-27
2010-09-300.370.35-0.02
2010-08-04
2010-06-300.60.57-0.03
2010-04-28
2010-03-310.150.420.27180 
2010-02-17
2009-12-310.240.01-0.2395 
2009-10-28
2009-09-300.390.610.2256 
2009-08-05
2009-06-300.090.490.4444 
2009-04-30
2009-03-31-0.040.040.08200 
2009-02-18
2008-12-310.150.13-0.0213 
2008-10-29
2008-09-300.290.720.43148 
2008-07-30
2008-06-300.210.250.0419 
2008-05-07
2008-03-310.020.070.05250 
2008-02-27
2007-12-310.180.360.18100 
2007-11-01
2007-09-300.420.4-0.02
2007-08-01
2007-06-300.260.370.1142 
2007-05-02
2007-03-310.20.14-0.0630 
2000-07-13
2000-06-3011.040.04
2000-04-13
2000-03-310.830.920.0910 
2000-01-25
1999-12-311.11.05-0.05
1999-10-14
1999-09-301.521.530.01
1999-07-15
1999-06-301.291.310.02
1999-04-15
1999-03-310.740.770.03
1999-01-26
1998-12-310.961.030.07
1998-10-13
1998-09-301.31.660.3627 
1998-07-16
1998-06-300.951.090.1414 
1998-04-15
1998-03-310.10.120.0220 
1998-01-29
1997-12-310.080.05-0.0337 
1997-10-21
1997-09-300.991.040.05
1997-07-17
1997-06-301.141.11-0.03
1997-04-15
1997-03-310.760.760.0
1997-01-23
1996-12-311.261.25-0.01
1996-11-15
1996-09-301.441.440.0
1996-07-18
1996-06-301.311.25-0.06
1996-04-16
1996-03-310.740.73-0.01
1996-02-15
1995-12-311.071.06-0.01
1995-11-15
1995-09-301.281.280.0
1995-07-18
1995-06-301.151.20.05
1995-04-18
1995-03-310.570.680.1119 
1995-01-26
1994-12-310.90.910.01
1994-10-18
1994-09-301.051.190.1413 
1994-07-19
1994-06-300.880.950.07
1994-04-19
1994-03-310.410.410.0
1994-02-04
1993-12-310.720.7-0.02
1993-11-15
1993-09-300.910.87-0.04
1993-08-15
1993-06-300.750.760.01
1993-05-15
1993-03-310.420.33-0.0921 
1993-02-15
1992-12-310.460.550.0919 

About Owens Corning Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Owens Corning earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Owens Corning estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Owens Corning fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2024
Retained Earnings4.8 BB
Retained Earnings Total Equity4.4 B4.6 B
Price Earnings Ratio 11.17  11.73 
Price Earnings To Growth Ratio 3.42  3.59 

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When determining whether Owens Corning offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Owens Corning's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Owens Corning Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Owens Corning Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Owens Corning. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.
Note that the Owens Corning information on this page should be used as a complementary analysis to other Owens Corning's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running Owens Corning's price analysis, check to measure Owens Corning's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Owens Corning is operating at the current time. Most of Owens Corning's value examination focuses on studying past and present price action to predict the probability of Owens Corning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Owens Corning's price. Additionally, you may evaluate how the addition of Owens Corning to your portfolios can decrease your overall portfolio volatility.
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Is Owens Corning's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Owens Corning. If investors know Owens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Owens Corning listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.114
Dividend Share
2.16
Earnings Share
13.13
Revenue Per Share
107.403
Quarterly Revenue Growth
0.008
The market value of Owens Corning is measured differently than its book value, which is the value of Owens that is recorded on the company's balance sheet. Investors also form their own opinion of Owens Corning's value that differs from its market value or its book value, called intrinsic value, which is Owens Corning's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Owens Corning's market value can be influenced by many factors that don't directly affect Owens Corning's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Owens Corning's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owens Corning is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Corning's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.