Owens Corning Q3 Adjusted Earnings, Sales Climb

MT Newswires Live11-06

Owens Corning (OC) reported Q3 adjusted earnings Wednesday of $4.38 per diluted share, up from $4.18 a year earlier.

Analysts polled by Capital IQ expected $4.05.

Net sales for the quarter ended Sept. 30 were $3.05 billion, up from $2.48 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.04 billion.

For Q4, the company expects net sales growth of around 20%. Analysts expect $2.84 billion.

Price: 190.54, Change: +7.98, Percent Change: +4.37

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