The building materials firm reported adjusted EPS of $3.93, exceeding expectations by $0.84, as sales rose 1.8% year-over-year.
Owens Corning posted second-quarter adjusted earnings per share of $3.93, surpassing estimates by $0.84. Revenue reached $2.8 billion, up 1.8% from the prior year and $140 million above forecasts.
The company reported a net earnings margin of 11% from continuing operations and an adjusted EBITDA margin of 24%. The results reflect stronger-than-expected demand in its core markets.
Shares showed limited movement in after-hours trading as investors digested the earnings beat.