Owens Corning ($OC) reported its fourth-quarter earnings for 2024, revealing an adjusted earnings per share (EPS) of $3.22, surpassing the analyst estimate of $2.90. The company's revenue for the quarter was $2.84 billion, exceeding expectations of $2.77 billion. Despite the strong revenue growth, Owens Corning recorded a net loss of $258 million. For the full year, the company achieved net sales of $11.0 billion and generated earnings of $647 million, with an adjusted EBIT of $2.0 billion. The revenue growth was attributed to acquisitions, although the net loss was impacted by strategic restructuring efforts. Looking ahead, the company anticipates mixed opportunities in its residential and commercial end markets, particularly in roofing, as demand for nondiscretionary repair activity remains stable in North America.