earnings
confidence high
sentiment positive
materiality 0.75
Owens Corning Q3 net sales $2.2B, EPS $2.50; all segments double-digit EBIT margins
Owens Corning
2021-Q3 EPS reported
$7.30
revenue$6,367,000,000
- Net sales $2.2B (+16% YoY); net earnings $260M ($2.50 diluted EPS) vs $206M ($1.88) in Q3 2020.
- Adjusted EBIT $400M (18% margin) vs $289M; adjusted EPS $2.52 vs $1.76.
- Roofing EBIT $212M (24% margin), Insulation $124M (15%), Composites $101M (17%); 5th consecutive quarter all double-digit.
- Operating cash flow $466M; free cash flow $400M.