Owens Corning reports Q3 EPS $3.67, consensus $3.72

Reports Q3 revenue $2.68B, consensus $2.7B. “Our Q3 financial results continue to demonstrate our ability to perform at a high level even in the face of challenging market conditions, as we see weakening residential demand trends in the U.S. impacting our volumes in both repair and remodel and new construction product lines. Through the strategic choices and structural improvements we have made, the new Owens Corning (OC) is operating with greater efficiency and outperforming previous cycles,” said Chair and CEO Brian Chambers. “As we navigate near-term market dynamics, we remain focused on maximizing our performance and investing in the growth of the enterprise to create long-term value for our customers and shareholders.”