Owens Corning (OC) Misses Q1 EPS by 17c, Revenue Beats, Offers Outlook

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Go back to Owens Corning (OC) Misses Q1 EPS by 17c, Revenue Beats, Offers Outlook

Owens Corning Reports First-Quarter 2018 Results

April 25, 2018 6:30 AM EDT

Company Grew Net Sales by 14% to $1.7 Billion; Realized and Announced Price Actions Expected to Overcome Inflation in 2018

Insulation grew EBIT by $27 million on strong price execution and contribution from acquisitions Roofing reported 15% EBIT margins as material and transportation inflation outpaced positive pricing Composites delivered flat revenue versus a strong prior year comparison Integration of Paroc on-track

TOLEDO, Ohio--(BUSINESS WIRE)-- Owens Corning (NYSE: OC) today reported consolidated net sales of $1.7 billion in first-quarter 2018,... More