Owens Corning (OC) Misses Q1 EPS by 4c, Revenues Miss; Provides FY19 Business Outlook
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Owens Corning Reports First-Quarter 2019 Results
April 24, 2019 6:00 AM EDTCompany Delivered Net Sales of $1.7 Billion,
Net Earnings of $44 Million and Adjusted EBIT of $116 Million
Insulation delivered $15 million in EBIT, with strong performance in the technical insulation business Roofing produced EBIT of $74 million on lower market volumes Composites generated $57 million in EBIT on good commercial and operational execution
TOLEDO, Ohio--(BUSINESS WIRE)-- Owens Corning (NYSE: OC) today reported consolidated net sales of $1.7 billion in first-quarter 2019, a slight decrease of 1% versus 2018.... More
