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Home » quarterly report

Articles Tagged with ''quarterly report''

Owens Corning - Q3 - TOF - RC.jpg
Earnings Report: OC

Owens Corning Drops 10% After 2023 Q3 Earnings Report, Still Beats Street

Surpassing expectations, stock still drops more than 10%, slowly recovering but still down at end of trading on Friday; roofing remains a bright spot in company financials
Bryan Gottlieb
Bryan Gottlieb
October 30, 2023
One Comment

Owens Corning's Q3 2023 report showed mixed results, with net sales matching last year at $2.5 billion and earnings surpassing estimates, but sales declining over 1.5%; roofing remains a bright spot.


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Tesla-Solar-Roof-Home
Solar Roofing

Tesla’s Solar Business Continues to Decline in Q3 2023

Company lays blame on California's new net metering rules and high interest rates
Chris Gray, editor of Roofing Contractor and Roofing Supply Pro
Chris Gray
October 27, 2023
No Comments

Tesla's solar products experienced additional declines in Q3 2023, though its energy storage is once again booming, according to the company's latest earnings report.


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ARMA-Excellence-2021_3
Supply Chain

ARMA Q3 2023 Report: Asphalt Product Shipments Drop in Third Quarter

Third quarter shows expected decreases from Q2 while year-to-year comparisons indicate mixed news
Chris Gray, editor of Roofing Contractor and Roofing Supply Pro
Chris Gray
October 24, 2023
No Comments

The latest report from the Asphalt Roofing Manufacturers Association shows supply chain issues are still working themselves out amidst inflation, interest rates and labor shortages.


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OC 2023 Q2 Earnings - TOF.jpg
Manufacturer News

OC Celebrates Impressive Q2 Earnings; Returns $160M in Dividends and Buybacks

Construction materials bellwether reports $2.6 in net sales and $3.78 earnings-per-share
Bryan Gottlieb
Bryan Gottlieb
August 7, 2023
No Comments

Owens Corning operates like a well-oiled machine: reporting net sales of $2.6 billion, similar to the prior year-over-year quarter, and returning $160 million to shareholders through dividends and stock buybacks.


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Beacon 2023 Q2 Earnings Report - TOF.jpg
Distributor News

Beacon Outpaces Wall Street's Expectations in Second Quarter Earnings Report

Shares closed down slightly at the market close but recovered somewhat in after-hours trading
Roofing Contractor
Roofing Contractor Staff
August 5, 2023
No Comments

Beacon announced Q2 2023 results, beating Wall Street estimates slightly with earnings of $2.5 billion; the company attributed the sales increase to higher prices, acquired branches, and strategic investments


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Tesla - Solar Roof

Tesla Experiences Drop in Solar Deployments in Q2 2023

Quarterly deployments remained stagnant while energy storage remained at all-time highs
Chris Gray, editor of Roofing Contractor and Roofing Supply Pro
Chris Gray
August 4, 2023
One Comment

Tesla's year-over-year solar deployments dropped by nearly 40%, though its energy storage deployments saw massive increases.


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Wall Street Image.png
Distributor News

Beacon To Repurchase 400K in Preferred Stock, Offers Q2 'Preview'

Share repurchase should simplify the company’s capital structure, reduce diluted share count and provide benefit to stockholders
Roofing Contractor
Roofing Contractor Staff
July 10, 2023
No Comments

Beacon announced an agreement to repurchase all outstanding shares of its Series A Cumulative Convertible Participating Preferred Stock held by Clayton, Dubilier & Rice, LLC; the company also provided a preview of its 2023 Q2 results, which will be announced after the market closes on August 3.


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Earnings Report_Image 3.jpg

Carlisle Companies Announces Q1 2023 Earnings, Lags Wall Street Estimates

Bryan Gottlieb
Bryan Gottlieb
April 28, 2023
One Comment

Carlisle Companies, the diversified behemoth whose construction materials division is a major player in the roofing and building industries, reported lower-than-expected earnings for the first quarter of 2023.


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Earnings Report Image.png

Owens Corning Earnings and Revenues Beat Estimates in First Quarter

Company delivers net sales of $2.3B, exceeding Wall Street expectations.
Bryan Gottlieb
Bryan Gottlieb
April 26, 2023
No Comments

Investors smiled after Owen Corning released its Q1 2023 numbers, beating expectations and returning $183 million to shareholders during the first three months of this year. 


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tesla-logo

Q1 2023 Tesla Solar Deployment Down from Previous Quarter

Year-to-year solar is up while Tesla's energy storage saw massive increases
Chris Gray, editor of Roofing Contractor and Roofing Supply Pro
Chris Gray
April 25, 2023
No Comments

Tesla saw a year-over-year increase to its solar deployment, but quarterly comparisons tell a different story.


Read More
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