Owens Corning (OC) Tops Q4 EPS by 12c, Revenues Beat

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Owens Corning Reports Fourth-Quarter and Full-Year 2018 Results

February 20, 2019 6:00 AM EST

Company Delivered Record Revenue of $7.1 Billion in 2018;

Generated Net Earnings of $545 Million and Record Adjusted EBIT of $861 Million

Strong portfolio delivered double-digit EBIT margins in all three segments Insulation increased EBIT by 64% to $290 million on revenue growth of 36% Roofing produced EBIT of $434 million on revenue of $2.5 billion Composites generated $251 million in EBIT and 12% EBIT margins

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