secwatch.observer — SEC 8-K summary
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Issuer:     Owens Corning (OC)
CIK:        0001370946
Form:       8-K
Filed at:   2022-10-26T23:59:59+00:00
Accession:  0001370946-22-000044
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Owens Corning Q3 net sales up 14% to $2.5B; adjusted EPS $3.57, up 42% YoY
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- Diluted EPS of $4.84; adjusted diluted EPS of $3.57, up 42% from $2.52 a year ago.
- Net sales $2.5B, +14% YoY; adjusted EBIT $487M at 19% margin; operating cash flow $461M.
- Roofing sales $1.0B (+15%), Insulation $965M (+18%), Composites $638M (+8%).
- Quarterly dividend raised 35% to $0.35/share; share repurchases of $206M in Q3.
- Full-year outlook: capex ~$480M; interest expense lowered to $110-115M; effective tax rate guidance improved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370946/000137094622000044/0001370946-22-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370946/000137094622000044/oc-20221026.htm
  HTML page:      https://secwatch.observer/filing/0001370946-22-000044

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer