Owens Corning Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 28, 2021 at 03:40 pm IST
Owens Corning announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 2,239 million compared to USD 1,625 million a year ago. Operating income was USD 425 million compared to USD 168 million a year ago. Net income was USD 298 million compared to USD 96 million a year ago. Basic earnings per share from continuing operations was USD 2.85 compared to USD 0.88 a year ago. Diluted earnings per share from continuing operations was USD 2.82 compared to USD 0.88 a year ago. For the half year, sales was USD 4,154 million compared to USD 3,226 million a year ago. Operating income was USD 723 million compared to operating loss of USD 702 million a year ago. Net income was USD 508 million compared to net loss of USD 821 million a year ago. Basic earnings per share from continuing operations was USD 4.84 compared to basic loss per share from continuing operations of USD 7.55 a year ago. Diluted earnings per share from continuing operations was USD 4.8 compared to diluted loss per share from continuing operations of USD 7.55 a year ago.