Carlisle Companies, the diversified behemoth whose construction materials division is a major player in the roofing and building industries, reported lower-than-expected earnings for the first quarter of 2023.
Investors smiled after Owen Corning released its Q1 2023 numbers, beating expectations and returning $183 million to shareholders during the first three months of this year.
Tesla saw massive increases in solar deployment during the second quarter of this year, but only a fraction of that is reportedly due to its Solar Roof product.
The latest ARMA report shows increases in quarterly asphalt product shipments, though year-to-year comparisons show the industry isn't out of the woods yet.