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Owens Corning Records $250 million Loss in Q3

Associated Press +2 · ·by G4L

OC
OC Owens Corning
$122.97 -3.19%
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  1. 1Owens Corning recorded a loss of $250 million in the third quarter.
  2. 2Owens Corning's loss per share of $3.18 in the third quarter missed market expectations.
  3. 3Owens Corning expects revenue for this quarter ending in December to be between $2 billion and $2.2 billion.

So what's the key point?

Owens Corning reported a loss of $250 million in the third quarter. The loss was greater than what experts had predicted, which is unfavorable news for investors.

Source Associated Press +2 · View original ↗

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