Owens Corning

Owens Corning posted Q2 revenue of $2.8 billion, adjusted EBITDA of $660 million (24% margin) and adjusted EPS of $3.93, with free cash flow rising to $199 million and $264 million returned to shareholders. The company expects Q3 revenue of $2.6–2.7 billion and an adjusted EBITDA margin of about 20%–22%, noting anticipated roofing weakness but mid-single-digit insulation growth led by non-residential and Europe. Owens Corning plans roughly $800 million in 2026 capital additions, including a Kansas City Fiberglas line and an Alabama roofing plant, and announced a leadership change as Jonathan Collins becomes CFO and Todd Fister shifts to president and COO. » Mere på finance.yahoo.com

Owens Corning reported adjusted EPS of $3.93 on revenue of $2.8 billion, significantly beating consensus estimates. Adjusted EBITDA margin was 24% and free cash flow rose to $199 million, underscoring strong profitability despite inflation and mixed demand. The stock climbed about 8% in premarket trading and neared its 52-week high. For Q3 the company expects revenue of $2.6–2.7 billion and an adjusted EBITDA margin of roughly 20–22%; Owens Corning also plans about $800 million in investments in 2026. » Mere på de.investing.com

Owens Corning appointed Jonathan Collins as executive vice president and chief financial officer, effective Aug. 10. He succeeds Todd Fister, who is moving into the role of president and chief operating officer and will lead companywide go-to-market integration. Collins was previously CFO at Clarivate and held leadership roles at Dana Incorporated and ProQuest. » Mere på de.investing.com

Takeover rumors highlighting synergies with a potential buyer like Carlisle have driven Owens Corning’s stock. At the same time, convincing quarterly results and a Deutsche Bank analyst upgrade to $165 support expectations of further gains. In addition, the improving US construction cycle provides extra tailwind for the company’s roofs and insulation business. » Mere på finanzen.net

Owens Corning shares rose to a 52-week high of $159.67 after a strong rally (last week +25.73%, 6 months +41.43%, YTD +16.3%). The company beat Q1 2026 EPS expectations with $1.22 despite a 10% revenue decline, driven by strategic actions and cost cuts. The board approved a quarterly cash dividend of $0.79 per share (payable August 6, ex-dividend date July 20). Carlisle Companies has made several unsolicited takeover offers exceeding $10 billion, while Evercore ISI upgraded the stock to Outperform and raised the price target to $188; InvestingPro rates the stock as overvalued. » Mere på de.investing.com