Owens Corning Reports Full-Year and Fourth-Quarter 2020 Results
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Owens Corning (OC) Tops Q4 EPS by 52c, Revenues Beat
February 17, 2021 6:08 AM ESTOwens Corning (NYSE: OC) reported Q4 EPS of $1.90, $0.52 better than the analyst estimate of $1.38. Revenue for the quarter came in at $1.93 billion versus the consensus estimate of $1.79 billion.
Company Delivered Net Sales of $7.1 Billion; Generated Record Operating Cash Flow of $1.1 Billion in 2020Financial results demonstrated the companys strength and resiliency in a challenging environmentRoofing produced $591 million of EBIT with 22% EBIT marginsInsulation delivered $250 million of EBIT with 10% EBIT... More