Owens Corning Q4 Profit Rises 3%

(RTTNews) - Owens Corning (OC) released earnings for its fourth quarter that rose from last year.

The company said its bottom line totaled $81 million, or $0.72 per share. This was higher than $79 million, or $0.66 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.60 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.2% to $1.38 billion. This was up from $1.30 billion last year.

Owens Corning earnings at a glance:

-Earnings (Q4): $81 Mln. vs. $79 Mln. last year. -Earnings Growth (Y-o-Y): 2.5% -EPS (Q4): $0.72 vs. $0.66 last year. -EPS Growth (Y-o-Y): 9.1% -Analysts Estimate: $0.60 -Revenue (Q4): $1.38 Bln vs. $1.30 Bln last year. -Revenue Change (Y-o-Y): 6.2%