Oct. 27--Owens Corning's sales were up 5 percent in the year's third quarter thanks to a big revenue increase from the company's roofing segment.
The Toledo company, which makes and markets building supplies and fiber-glass composites, said Wednesday it earned $112 million, or 97 cents a share, on sales of $1.52 billion.
In last year's third quarter, OC reported earnings of $112 million, or 95 cents a share, on sales of $1.45 billion.
A review of financials shows the firm had slightly higher operating costs and a higher income tax expense this year, leading to flat earnings even though revenues were up.
OC's shares closed Wednesday up a half percent at $50.05.
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