Owens Corning Reaffirms FY 2013 EBIT Guidance

Wednesday, 24 Jul 2013 07:28am EDT 

Owens Corning reaffirmed its fiscal 2013 guidance and continues to expect at least $100 million in adjusted EBIT improvement over fiscal 2012 as a result of Company actions, an improving U.S. housing market, and moderate global growth. The Company reported EBIT of $293 million in fiscal 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EBIT of $445 million for fiscal 2013. 

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