Owens-Corning to Announce Second Quarter Financial Results on August 5

Deep News
07/15

The building materials manufacturer Owens-Corning has announced it will release its financial results for the second quarter of 2026 before the New York Stock Exchange opens on August 5. Company management will host a conference call at 9:00 a.m. Eastern Time on the same day to discuss the results and provide a business update.

Owens-Corning is a globally recognized building products company. Its three core businesses—roofing, insulation, and doors—primarily serve the residential construction markets in North America and Europe. Founded in 1938 and headquartered in Toledo, Ohio, the company is publicly traded on the New York Stock Exchange.

Market attention for this quarter's report centers on the company's prior guidance. According to information shared during the first-quarter earnings call in May, Owens-Corning anticipates second-quarter revenue to be in the range of $2.6 billion to $2.7 billion, with an adjusted EBITDA margin of approximately 20% to 22%. For its specific segments, roofing revenue is projected to see a slight decline with an EBITDA margin around 30%; insulation revenue is expected to be down slightly with a margin of about 20%; and the doors business is forecast to see a modest revenue decline but with its EBITDA margin potentially improving to a high-single-digit percentage.

The company also previously estimated that costs related to Iran would impact the second quarter by approximately $60 million. Roughly half of this impact is expected to affect the roofing segment, with the remainder allocated to the insulation business. Despite facing inflationary pressures and geopolitical uncertainties, management emphasized during the first-quarter call that the company possesses strong profitability and a resilient margin structure, expressing confidence in navigating the current market environment.

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