Owens Corning exceeded Q3 2024 estimates with strong earnings and net sales, driven by strategic shifts to high-margin products and divestments, achieving $4.38 EPS, $3.05B in sales, and improved cash flow despite market challenges.
Beacon reported Q3 2024 net income of $145.3 million, with an adjusted EPS of $2.80, missing analyst expectations of $2.88; despite lower activity, CEO Julian Francis emphasized strong demand and effective margin management.
Shipment numbers for shingles, BUR and modified bitumen have shrank when comparing the third quarter to Q2 2024, according to the latest report from the Asphalt Roofing Manufacturers Association.
The Home Depot saw a bump in revenue, part of which it credits to the $1.3 billion acquisition of SRS Distribution, the company said in its first earnings report since closing the deal.
Carlisle Companies Incorporated reports record-breaking Q4 2023 results, with a slight revenue dip but a significant profitability rise; Vision 2030 strategy aims for $40 EPS.