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Owens Corning, TopBuild EPS forecast raised at BofA (NYSE:OC)

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Owens Corning (NYSE:OC) and TopBuild (NYSE:BLD) are likely to report higher earnings than previously forecast, according to analysts at Bank of America Securities. They said Friday they were raising their EPS forecast for the building products company due to gains in new home construction.

Change in estimate Bank of America Securities, July 15 Owens Corning (OC) Old Consensus EPS New CY 2023E $11.78 $10.01 $10.93 CY 2024E $12.52 $11.03 $11.59 TopBuild (BLD) Old Consensus EPS New CY 2023E $17.28 $16.62 $16.28 CY 20 24E $18.85 $17.81 $17.13

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