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Owens Corning: Q2 Earnings Snapshot
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TOLEDO, Ohio (AP) — TOLEDO, Ohio (AP) — Owens Corning (OC) on Wednesday reported second-quarter profit of $226 million.

On a per-share basis, the Toledo, Ohio-based company said it had net income of $2.80. Earnings, adjusted to account for discontinued operations and non-recurring costs, were $3.93 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.06 per share.

The construction materials company posted revenue of $2.76 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $2.67 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OC at https://www.zacks.com/ap/OC

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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