The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Owens Corning's revenues will contract -0.1% and EPS will grow 122.2%.
The average estimate for revenue is $1.34 billion. On the bottom line, the average EPS estimate is $0.20.
Last quarter, Owens Corning notched revenue of $1.16 billion. GAAP reported sales were 3.1% lower than the prior-year quarter's $1.20 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.11. GAAP EPS were -$0.48 for Q4 compared to $0.41 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 16.2%, 300 basis points worse than the prior-year quarter. Operating margin was 4.2%, 420 basis points worse than the prior-year quarter. Net margin was -4.8%, 900 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $5.52 billion. The average EPS estimate is $1.95.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 436 members out of 462 rating the stock outperform, and 26 members rating it underperform. Among 94 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 91 give Owens Corning a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Owens Corning is outperform, with an average price target of $38.38.
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