Owens Corning Reveals Gain In Q3 Profit

Owens Corning (OC) revealed a profit for its third quarter that increased from the same period last year.

The company's bottom line totaled $260M, or $2.50 per share. This compares with $206M, or $1.88 per share, in last year's third quarter.

Excluding items, Owens Corning reported adjusted earnings of $262M or $2.52 per share for the period.

The company's revenue for the quarter rose 16.3% to $2.21 billion from $1.90 billion last year.

Owens Corning earnings at a glance:

-Earnings (Q3): $262M. vs. $193M. last year.
-EPS (Q3): $2.52 vs. $1.76 last year.
-Revenue (Q3): $2.21 Bln vs. $1.90 Bln last year.

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