Owens Corning (OC) · wyniki II kw. 2026 i wycena

Przy wzroście 1,2% rocznie (3-letni wzrost przychodów) wartość godziwa z modelu to $100.06 na akcję — kurs jest o 26% powyżej niej. Obecna cena zakłada wzrost o 3,3% rocznie.

1. Główny temat

   The company expects Roofing revenue to decrease by mid- to high single digits compared with the prior year despite volumes remaining broadly in line.

   Cytat ze źródła

   “Even with a more normalized storm season, we expect ARMA shipments to be down high single digits in the third... Starting with our Roofing business, we anticipate revenue to be down mid- to high single digits compared with the prior year. We anticipate our volumes to be broadly in line...”

2. Prognoza

   The company expects third quarter revenue to be between $2.6 billion and $2.7 billion, which is slightly below the same period last year.

   Cytat ze źródła

   “From an enterprise perspective, we expect third quarter revenue in the range of $2.6 billion to $2.7 billion, slightly below the same period last year.”

3. Liczba

   The company delivered total revenue of $2.8 billion and adjusted EBITDA of $660 million, resulting in an adjusted EBITDA margin of 24%.

   Cytat ze źródła

   “We delivered total revenue of $2.8 billion and adjusted EBITDA of $660 million for an adjusted EBITDA margin of 24%.”

4. Słabnie

   The company expects the impact of the June increase to be minimal for the end of Q2 due to timing, but expects pricing realization to accelerate in the second half.

   Cytat ze źródła

   “So we still expect, given current market conditions that we're going to see good realization off of that June increase... What we've got a little bit in, but not a lot is going to be sitting in the June increase just because it's late in the quarter. It's just going to have a little bit more minimal impact as we finish Q2, but we would expect that then to accelerate in terms of pricing realization as we move into the back half of the...”

Script and answers carried a similar tone, so the script's message held up under questioning.

Zdania, które wpłynęły na ton

“During this time, we have demonstrated the strength of our teams and market positions by generating revenue growth, strong cash flow and durable profitability through periods of inflation, interest rate...”

“Our market-leading position is being further supported by applying the unique OC advantages to increase demand, optimize our production network and accelerate innovation.”

“Over the past several years, Owens Corning has built a strong track record as a best-in-class operator, consistently delivering high levels of performance across a wide range of market conditions.”