Owens Corning Warns Iran Conflict Will Trigger $40 Million Cost Hit Next Quarter
Owens Corning (NYSE: OC) stock rose after Q2 adjusted EPS of $3.93 and revenue of $2.76B beat Wall Street expectations.
Owens Corning did really well this quarter, but they're warning that trouble in Iran might cost them $40 million next quarter. When a company says costs are coming, pay attention to whether they can handle it without hurting their business.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.