Owens Corning (OC) Tops Q3 EPS by 42c
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Owens Corning Reports Third-Quarter 2020 Results
October 28, 2020 6:00 AM EDTCompany Delivered Net Sales of $1.9 Billion; Posted Strong Net Earnings of $206 Million and Record Quarterly Adjusted EBIT of $289 MillionÂ
Company achieved strong financial results in improving markets Roofing generated $196 million of EBIT with 26% EBIT margins Insulation delivered $73 million of EBIT with 11% EBIT margins Composites produced $55 million of EBIT with 11% EBIT margins Company reported record operating and free cash flow of $488 million and $425 millionTOLEDO, Ohio--(BUSINESS WIRE)-- Owens Corning (NYSE: OC) today reported consolidated net sales of $1.9 billion in third-quarter 2020, an increase of 1%... More
