- Owens Corning (OC) misses on both lines for Q3 as revenues are basically flat Y/Y ($1.32B versus $1.28B).
- Adjusted earnings rise 57.5% Y/Y.
- Segment sales growth: Composites, -1%; Building Materials, +5% (roofing sales flat at $471M, insulation sales rise 12% to $431M).
- Outlook: Full year EBIT +$100M, roofing shipments down mid-single digits, composites EBIT consistent with 2012. (PR)