Owens Corning (OC) posted a third quarter loss from continuing operations of $495 million compared to profit of $287 million, last year. Loss per share from continuing operations was $5.93 compared to profit of $3.26. Adjusted income from continuing operations declined to $306 million from $356 million. Adjusted EPS was $3.67 compared to $4.05. Net sales declined to $2.68 billion from $2.76 billion, prior year.
For the fourth quarter, Owens Corning expects revenue from continuing operations to be down mid-to-high teens to approximately $2.1 billion to $2.2 billion. Also, Owens Corning remains committed to delivering the long-term targets provided at May 2025 Investor Day, including revenue growth, an annual adjusted EBITDA margin of mid-20% for the enterprise, and $5 billion of cumulative free cash flow by 2028.
Shares of Owens Corning are down 8% in pre-market trade on Wednesday.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.