Owens Corning Reveals Decline In Q3 Bottom Line

(RTTNews) - Owens Corning (OC) reported a profit for third quarter that decreased from last year

The company's earnings came in at $337 million, or $3.71 per share. This compares with $470 million, or $4.84 per share, in last year's third quarter.

Excluding items, Owens Corning reported adjusted earnings of $377 million or $4.15 per share for the period.

The company's revenue for the quarter fell 2.0% to $2.48 billion from $2.53 billion last year.

Owens Corning earnings at a glance (GAAP) :

-Earnings (Q3): $337 Mln. vs. $470 Mln. last year. -EPS (Q3): $3.71 vs. $4.84 last year. -Revenue (Q3): $2.48 Bln vs. $2.53 Bln last year.