Building materials maker Owens Corning will release second-quarter earnings on August 5
Building materials manufacturer Owens Corning announced that it will announce second quarter 2026 financial results before the New York Stock Exchange opens on August 5. Company management will hold a conference call at 9:00 a.m. ET that day to discuss performance and provide a business update. Owens Corning is a world-renowned building products company with three core businesses - roofing materials, insulation materials and door products - mainly serving the North American and European residential markets. The company is headquartered in Toledo, Ohio. It was founded in 1938 and is traded on the New York Stock Exchange. The market's attention to this quarter's financial report mainly revolves around previous performance guidance. Owens Corning expects second-quarter revenue of approximately $2.6 billion to $2.7 billion, and a corporate adjusted EBITDA margin of approximately 20% to 22%, according to information disclosed by the company on its first-quarter earnings call in May. Specific to each business segment, roofing materials revenue is expected to decline slightly, and EBITDA profit margin is expected to be around 30%; insulation material revenue has declined slightly, and EBITDA profit margin is about 20%; category business revenue has declined slightly, and EBITDA profit margin is expected to increase to high single-digit levels. The company also expects Iran-related cost impacts to be approximately US$60 million in the second quarter, of which approximately half will affect the roofing materials business and the remainder will be allocated to the insulation materials segment. Despite facing inflationary pressures and uncertainties caused by geopolitics, management emphasized in the first-quarter conference call that the company has solid profitability and a strong profit margin structure and is confident in coping with the current market environment.