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Fly News Breaks for August 19, 2015
OC
Aug 19, 2015 | 09:47 EDT
CL King has learned Jushi USA, a leading composite competitor to Owens Corning (OC), announced a 5% price increase on various products effective September 5 due to strong demand. The firm views the news as a positive for Owens Corning looking out to Q4 and beyond. CL King rates Owens Corning a Buy with a $51 price target.
News For OC From the Last 2 Days
OC
Apr 24, 2024 | 06:23 EDT
Sees Q2 EBIT margin 20%. Sees FY24 effective tax rate 24%-26%.
OC
OC
Apr 24, 2024 | 06:12 EDT
Sees FY24 interest expense $70M-$80M; effective tax rate on adjusted earnings 24%-26%; capital additions $550M; and depreciation and amortization $550M.
OC
OC
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