BUZZ-Owens Corning rises on quarterly results beat

Reuters
02-24
BUZZ-Owens Corning rises on quarterly results beat

** Owens Corning's OC.N shares up 2.74% at $170 premarket

** Co posts Q4 net revenue of $2.84 billion, beating analysts' avg. expectations of $2.77 billion, according to data compiled by LSEG

** Co reports Q4 earnings of $3.22 per share, excluding items, above estimates of $2.90

** "Through our best-in-class execution, we grew revenue, expanded margins, and maintained a strong balance sheet," CFO Todd Fister says

** OC stock rose 14.9% in 2024

(Reporting by Aamir Sohail in Bengaluru)

((Aamir.Sohail@thomsonreuters.com;))

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