Owens-Corning's stock plummeted 5.01% on Monday in pre-market trading, following the release of the company's fourth-quarter earnings report. Despite beating revenue estimates, the construction materials company's earnings fell short of analysts' expectations.

According to the earnings snapshot, Owens-Corning reported a loss of $258 million, or $2.97 per share, for the quarter ended December 31. While this was a significant loss, the company's adjusted earnings of $3.22 per share surpassed Wall Street's expectations of $2.87 per share.

Revenue for the quarter rose 23.3% to $2.84 billion, exceeding analysts' estimates of $2.77 billion. However, the company's weak earnings performance appeared to overshadow the revenue beat, leading to the sharp sell-off in the stock.