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Fly News Breaks for July 26, 2018
OC
Jul 26, 2018 | 06:24 EDT
BofA/Merrill analyst John Lovallo downgraded Owens Corning to Neutral from Buy and lowered its price target to $75 from $90 following disappointing Q2 results. Lovallo lowered Owens estimates saying he expects continued headwinds in Roofing volumes, cost headwinds across all segments, and market skepticism until execution trends improve.
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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