Owens Corning (OC -2%) trades lower after Citi downgrades shares to Neutral ahead of next...

|About: Owens Corning (OC)|By:, SA News Editor

Owens Corning (OC -2%) trades lower after Citi downgrades shares to Neutral ahead of next Wednesday's Q4 report. The firm, whose Q4 EPS estimate is $0.12 below consensus, believes the Street might not be fully taking into account the seasonality of Owens' roofing business. It also expects the company to guide for 2012 EPS of $2.50, below a $2.71 consensus.