{"schema_version":"secwatch.filing_event.v1","accession":"0001370946-24-000127","form_type":"8-K","ticker":"OC","cik":"0001370946","company_name":"Owens Corning","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.124519+00:00","generated_at":"2026-06-03T09:26:30.225446+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Owens Corning Q1 adjusted EBIT up 21% to $438M; adjusted EPS $3.59 beats prior year","bullets":["Net sales $2.3B (-1% YoY); net earnings $299M (-22%) due to prior-year $189M gain on site sale.","Adjusted diluted EPS $3.59 vs. $2.80 (+28%); adjusted EBITDA margin 25% vs. 21%.","Roofing net sales +7% to $957M; EBIT $286M (30% margin). Composites sales -11% to $523M.","Returned $182M to shareholders: $52M dividends + $130M share repurchases (0.9M shares).","Masonite acquisition on track for mid-2024; strategic review of glass reinforcements ongoing."],"urls":{"canonical":"https://secwatch.observer/filing/0001370946-24-000127","json":"https://secwatch.observer/filing/0001370946-24-000127.json","markdown":"https://secwatch.observer/filing/0001370946-24-000127.md","text":"https://secwatch.observer/filing/0001370946-24-000127.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1370946/000137094624000127/0001370946-24-000127-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1370946/000137094624000127/oc-20240424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T09:26:30.225446+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6bb6bf82d8a9a0adec999f20b7a7c25d0dd1113f","claim":"Owens Corning reported quarter ended March 31, 2024 results: revenue $2.3 Billion, net income $299 Million, EPS $3.40.","evidence_excerpt":"Owens Corning Delivers Net Sales of $2.3 Billion; Generates Net Earnings of $299 Million and Adjusted EBIT of $438 Million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1370946/000137094624000127/0001370946-24-000127-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended March 31, 2024"},{"label":"Revenue","value":"$2.3 Billion"},{"label":"Net income","value":"$299 Million"},{"label":"EPS","value":"$3.40"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c30437c2fed12eb975c1a89aa6f68f5633efe335","claim":"Owens Corning updated its second-quarter and full-year 2024 guidance (reaffirmed).","evidence_excerpt":"For the second-quarter 2024, the company expects overall performance to result in net sales in line with second quarter 2023, while generating approximately 20% EBIT margins for its existing businesses","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1370946/000137094624000127/0001370946-24-000127-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second-quarter and full-year 2024"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}