Owens Corning Q3 results

TOLEDO, Ohio — Owens Corning has reported its Q3 results at $1.09, which is $0.10 better than analyst’s estimate for the company. Revenue for the quarter came in at $1.52 billion versus the consensus estimate of $1.51 billion.

According to the company, its roofing business had a strong quarter with favorable market conditions, great margin performance, and revenue growth. When it comes to growth for the rest of the year, the company expects an environment consistent with consensus expectations for U.S. housing starts and moderate global growth.

 

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