Owens-Corning (NYSE:OC) reported its Q1 earnings results on Wednesday, April 27, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Owens-Corning beat estimated earnings by 16.87%, reporting an EPS of $2.84 versus an estimate of $2.43.
Revenue was up $431.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.29 which was followed by a 3.1% drop in the share price the next day.
Here's a look at Owens-Corning's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.91 | 2.48 | 2.13 | 1.43 |
| EPS Actual | 2.20 | 2.52 | 2.60 | 1.73 |
| Revenue Estimate | 2.04B | 2.18B | 2.00B | 1.83B |
| Revenue Actual | 2.13B | 2.21B | 2.24B | 1.92B |
To track all earnings releases for Owens-Corning visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
