RTTNews | Feb 17, 2021 06:10AM EST

06:10 Wednesday, February 17, 2021 (RTTNews.com) - Owens Corning (OC) reported a profit for its fourth quarter that rose from last year.

The company's profit totaled $232 million, or $2.13 per share. This compares with $73 million, or $0.66 per share, in last year's fourth quarter.

Excluding items, Owens Corning reported adjusted earnings of $207 million or $1.90 per share for the period.

Analysts had expected the company to earn $1.38 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.2% to $1.93 billion from $1.69 billion last year.

Owens Corning earnings at a glance:

-Earnings (Q4): $207 Mln. vs. $125 Mln. last year.-EPS (Q4): $1.90 vs. $1.13 last year.-Analysts Estimate: $1.38-Revenue (Q4): $1.93 Bln vs. $1.69 Bln last year.

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