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Owens Corning Bottom Line Advances In Q1

Owens Corning (OC) announced a profit for its first quarter that increased from last year

The company's bottom line totaled $304 million, or $3.03 per share. This compares with $210 million, or $1.98 per share, in last year's first quarter.

Excluding items, Owens Corning reported adjusted earnings of $285 million or $2.84 per share for the period.

The company's revenue for the quarter rose 22.4% to $2.35 billion from $1.92 billion last year.

Owens Corning earnings at a glance (GAAP) :

-Earnings (Q1): $304 Mln. vs. $210 Mln. last year.
-EPS (Q1): $3.03 vs. $1.98 last year.
-Revenue (Q1): $2.35 Bln vs. $1.92 Bln last year.

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