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Zacks: Owens Corning reports impressive Q1, with earnings and sales surpassing Zacks Consensus Estimate; adjusted EPS up 28% year-over-year, but sales down 1% due to lower sales volumes in Insulation and Composites segments

Masonite shareholders approve company's proposed acquisition by Owens Corning, expected to complete in mid-2024, subject to regulatory approvals; Masonite shareholders are set to receive US$133/share in cash

Owens Corning Q1 net earnings down 22% year-over-year to US$299M, net sales down 1% to US$2.3B; company notes acquisition of Masonite on track to close by mid-2024, is engaging Morgan Stanley to review new strategies for glass reinforcements business

OWENS CORNING - 10-Q - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

OWENS CORNING - (8-K) - Disclosing Results of Operations and Financial Condition

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