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Owens Corning (OC) Tops Q3 EPS by 1c

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Owens Corning Reports Third-Quarter 2021 Results

October 27, 2021 6:00 AM EDT

Company Delivered Net Sales of $2.2 Billion;

Net Earnings of $260 Million and Adjusted EBIT of $400 Million 

Delivered adjusted EBIT margins of 18%, with all three businesses posting double digit EBIT margins for a fifth consecutive quarter Roofing produced $212 million of EBIT with 24% EBIT margins Insulation delivered $124 million of EBIT with 15% EBIT margins Composites reported $101 million of EBIT with 17% EBIT margins Generated operating cash flow of $466 million and free cash flow of $400 million

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