Owens Corning (OC) News & EventsOCOwens Corning

Company Reports Q2 Revenue of $2.76B, Beating Expectations

Reports Q2 revenue $2.76B, consensus $2.66B. "These outstanding second-quarter results demonstrate the strength of our reshaped company. Our performance is a direct result of our strategic pivot to build a large-scale, residential-focused building products company with unique and unifying competitive advantages across market-leading businesses," said Chair and Chief Executive Officer Brian Chambers. "Through our strategic choices, disciplined execution, and continued investment, we have created multiple paths to deliver revenue, earnings, and cash flow growth. As we look ahead, we remain focused on executing our growth agenda and creating long-term value for our customers and shareholders."

Company Expects Enterprise Adjusted EBITDA Margin of Approximately 20% to 22%

The company expects to generate enterprise adjusted EBITDA margin of approximately 20% to 22%.