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Holly LaFon
Holly LaFon
Articles (10163)  | Author's Website |

Leith Wheeler Comments on Owens Corning

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March 09, 2018 | About:

Owens Corning (NYSE:OC) outperformed in the fourth quarter and for the full year as improving results through the year led to upward revisions in earnings forecasts. Underlying fundamentals remain strong in the roofing and composite businesses and a recovery in the insulation business appears imminent. The company is executing well in all three business segments and will also see a positive benefit from tax reform. The shares remain attractive, trading at 16 times normalized earnings.

From Leith Wheeler Investment Funds' 4th quarter 2017 commentary.

About the author:

Holly LaFon
I'm a financial journalist with a Master of Science in journalism from Medill at Northwestern University.

Visit Holly LaFon's Website


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