Owens-Corning (NYSE:OC) reported its Q3 earnings results on Wednesday, October 27, 2021 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Owens-Corning beat their estimated earnings by 1.61%, reporting an EPS of $2.52 versus an estimate of $2.48, which did not surprise analysts.
Revenue was up $309,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.47, which was followed by a 2.32% increase in the share price the next day.
Here’s a look at Owens-Corning’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 2.13 | 1.43 | 1.38 | 1.28 |
| EPS Actual | 2.60 | 1.73 | 1.90 | 1.70 |
| Revenue Estimate | 2.00B | 1.83B | 1.80B | 1.80B |
| Revenue Actual | 2.24B | 1.92B | 1.93B | 1.90B |
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