Owens Corning (OC) Misses Q2 EPS by 28c, Slight Miss on Revenues; Offers FY18 Updated Outlook

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/1/2026

1. INTC
2. AMZN
3. RDDT
4. PINS
5. COIN
6. FSLR
7. SYK
8. DASH
9. MA
10. FND

Go back to Owens Corning (OC) Misses Q2 EPS by 28c, Slight Miss on Revenues; Offers FY18 Updated Outlook

Owens Corning Reports Second-Quarter 2018 Results

July 25, 2018 6:30 AM EDT

Company Grew Net Sales by 14% to $1.8 Billion;

Pricing Momentum Expected to Drive Strong Second-Half Performance Improvement,

Resulting in an Adjusted EBIT Outlook of $925 Million to $975 Million for 2018

Insulation grew EBIT by $20 million, despite manufacturing productivity headwinds Roofing produced 19% EBIT margins on strong sequential price improvement Composites declined to $71 million of EBIT on higher manufacturing costs Full-year outlook continues to reflect strong free cash flow conversion

TOLEDO, Ohio--(BUSINESS WIRE)-- Owens Corning (NYSE:... More