Stock Data
$0.06 (0.04%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
INDUSTRIALS
Industry
BUILDING PRODUCTS & EQUIPMENT
Owens Corning is a leading manufacturer of building and construction materials with a global presence, including in the United States, Europe, and the Asia Pacific. The company operates through three main segments: Roofing, Insulation, and Composites. Its Roofing division offers a variety of shingles and roofing components for both residential and commercial projects. The Insulation division provides solutions like thermal batts and spray foam, catering to energy efficiency needs in construction. The Composites segment produces glass reinforcements and fiber products, essential for various industrial applications. Founded in 1938 and based in Toledo, Ohio, Owens Corning is synonymous with innovation in construction materials.
Owens Corning topped consensus EPS by 27% in its first full quarter as a residential-only building products company, with Roofing and Insulation growth covering a drop in Doors. Guidance carries about $40 million of incremental inflationary costs in Q3, plus heavier Q2 distributor stocking that pulls roofing orders forward.
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