Some Investors May Be Willing To Look Past Owens Corning's (NYSE:OC) Soft Earnings

Simply Wall St.11-14 18:36

The market was pleased with the recent earnings report from Owens Corning (NYSE:OC), despite the profit numbers being soft. Our analysis suggests that investors may have noticed some promising signs ...

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Our analysis suggests that investors may have noticed some promising signs ...</p>\n\n<a href=\"https://finance.yahoo.com/news/investors-may-willing-look-past-103604888.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OC","symbol_name":"欧文斯科宁","start_time":0,"source_url":"https://finance.yahoo.com/news/investors-may-willing-look-past-103604888.html","article_id":"2483820637","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/5r5oXpDak0g1f46DKo6pQA--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/20440850d85a0a24534edc176f6e5c4b"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483820637","pubTimestamp":1731580564,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The market was pleased with the recent earnings report from Owens Corning , despite the profit numbers being soft. Our analysis suggests that investors may have noticed some promising signs beyond the statutory profit figures.For anyone who wants to understand Owens Corning's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit was reduced by US$264m due to unusual items. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And, after all, that's exactly what the accounting terminology implies. If Owens Corning doesn't see those unusual expenses repeat, then all else being equal we'd expect its profit to increase over the coming year.Unusual items  detracted from Owens Corning's earnings over the last year, but we might s","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"OC":"欧文斯科宁","NYSE":"纽交所","ISBC":"投资者银行"},"translate_title":"一些投资者可能愿意忽略欧文斯科宁（纽约证券交易所股票代码：OC）的疲软盈利","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ISBC":1,"NYSE":1,"OC":1},"content_text":"The market was pleased with the recent earnings report from Owens Corning (NYSE:OC), despite the profit numbers being soft. Our analysis suggests that investors may have noticed some promising signs beyond the statutory profit figures. \n Check out our latest analysis for Owens Corning \n\n\n\n  NYSE:OC Earnings and Revenue History November 14th 2024\n \n\n How Do Unusual Items Influence Profit? \n For anyone who wants to understand Owens Corning's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit was reduced by US$264m due to unusual items. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And, after all, that's exactly what the accounting terminology implies. If Owens Corning doesn't see those unusual expenses repeat, then all else being equal we'd expect its profit to increase over the coming year. \n That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. \nOur Take On Owens Corning's Profit Performance\n Unusual items (expenses) detracted from Owens Corning's earnings over the last year, but we might see an improvement next year. Based on this observation, we consider it likely that Owens Corning's statutory profit actually understates its earnings potential! And on top of that, its earnings per share have grown at 25% per year over the last three years. Of course, we've only just scratched the surface when it comes to analysing its earnings; one could also consider margins, forecast growth, and return on investment, among other factors. So while earnings quality is important, it's equally important to consider the risks facing Owens Corning at this point in time. For example, we've discovered 2 warning signs that you should run your eye over to get a better picture of Owens Corning. \n Today we've zoomed in on a single data point to better understand the nature of Owens Corning's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. Some people consider a high return on equity to be a good sign of a quality business. While it might take a little research on your behalf, you may find this free  collection of companies boasting high return on equity, or  this list of stocks with significant insider holdings to be useful. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483820637"}