In an earnings call on April 26, Owens Corning (OC:NYSE) reported revenue of $2.33 billion for the first-quarter 2023, down 0.6% over the same period last year but exceeding expectations according to financial analysts.
The construction materials manufacturer reported earnings of $2.77 per share compared to $2.84 in the year-ago quarter but exceeded the EPS estimate of $2.20, which made investors happy. The company’s stock was up .93% at press time on the New York Stock Exchange.