Owens Corning (OC)

Owens Corning beat expectations on both the top and bottom line in the second fiscal quarter of 2026, reported Aug. 5, 2026, as revenue of about $2.8 billion topped the $2.66 billion estimate by 3.7% and rose 0.3% from $2.75 billion a year ago. Adjusted EPS of $3.93 also beat the $3.09 estimate by 27.2%, though it was down 6.7% from $4.21 a year ago. North America, the largest region, brought in about $2.5 billion and was down 0.1% year over year, while Residential, the largest business line, generated about $1.9 billion and declined 1.9%. Gross margin came in near 29% and operating margin about 18%, with operating income at about $482 million. Operating cash flow was $244 million, and the company repurchased $230 million of stock and paid $127 million in dividends. Consensus for the next period calls for adjusted EPS of $3.35 on revenue of $2.67 billion.