1 Stock Performs, but 4 Drop After Earnings

Owens Corning (NYSE:OC) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 22.22% to $0.11 in the quarter versus EPS of $0.09 in the year-earlier quarter. Revenue decreased 3.09% to $1.16 billion from the year-earlier quarter.

Owens Corning reported adjusted EPS income of $0.11 per share. By that measure, the company missed the mean analyst estimate of $0.25. It missed the average revenue estimate of $1.36 billion.