Owens Corning reports third-quarter 2026 results with net sales down 7%
FROM THE WIRE · BUSINESSWIRE.COM
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a branded building products leader, today reported third-quarter 2026 results. Reported Net Sales of $2.5 Billion, a 7% Decrease from Prior Year Generated Net Earnings Margin of (10)% and Adjusted EBITDA Margin of 20%…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe quarter includes a $476M non-cash impairment on the Doors business, which weighs on net earnings but not on adjusted EBITDA.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Net sales were $2.5 billion, a 7% decrease from the prior year.
- 02Diluted EPS was $(3.15), while adjusted diluted EPS was $2.44.
- 03The non-cash, pre-tax impairment charge was $476 million, related to the Doors business.
- 04Operating cash flow was $813 million.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets