Owens Corning Reports Third-Quarter 2017 Results

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Owens Corning (OC) Misses Q3 EPS by 1c, Offers Outlook

October 25, 2017 7:36 AM EDT

Owens Corning (NYSE: OC) reported Q3 EPS of $1.25, $0.01 worse than the analyst estimate of $1.26. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.63 billion.

2017 Outlook

The company continues to anticipate an environment consistent with consensus expectations for U.S. housing starts and improving global industrial production growth.In Roofing, third-quarter volumes remained strong for both shingles and components. For the first nine months of 2017, industry shingle shipments were up by... More