Owens Corning Reports Fourth-Quarter and Full-Year 2018 Results
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Owens Corning (OC) Tops Q4 EPS by 12c, Revenues Beat
February 20, 2019 6:01 AM ESTOwens Corning (NYSE: OC) reported Q4 EPS of $1.38, $0.12 better than the analyst estimate of $1.26. Revenue for the quarter came in at $1.72 billion versus the consensus estimate of $1.68 billion.
Owens Corning had another record year in terms of revenue and adjusted EBIT, with all three businesses delivering double-digit EBIT margins, said Chairman and Chief Executive Officer Mike Thaman. Today, Owens Corning is a more resilient and diversified company, better able to generate attractive returns for investors through the cycle.
2019 Outlook
The company expects an environment consistent with consensus expectations for global industrial... More