Bullish Q4 Earnings, Modest Guidance: Can Building Materials Supplier Owens Corning Find the Right Roof?
Benzinga
FEBRUARY 14, 2024
Adjusted EBIT increased 18% Y/Y to $392 million, with margin expanding to 17% from 15% prior year quarter. Adjusted EBITDA rose by. Sales by segments : Composites $514 million (-13% Y/Y), Insulation $931 million (-3% Y/Y), and Roofing $928 million (+16% Y/Y). Adjusted EPS was $3.21, up from $2.49 Full story available on Benzinga.com
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