Owens Corning (OC) Misses Q3 EPS by 12c, Revenues Miss

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Go back to Owens Corning (OC) Misses Q3 EPS by 12c, Revenues Miss

Owens Corning Reports Third-Quarter 2018 Results

October 24, 2018 6:30 AM EDT

Company Grew Net Sales by 7% and Improved Net Earnings on Pricing Momentum;
Revised Adjusted EBIT Outlook Reflects Lower Second-Half Volume Expectations

Insulation grew EBIT by $30 million, driven by continued price improvement Roofing delivered 20% EBIT margins, despite a significant third-quarter market decline Composites generated EBIT in line with prior year, and margins of 13% 2018 adjusted EBIT expected to be in line with last years performance of $855 million

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