Owens-Corning (NYSE: OC) reported quarterly earnings of $1.22 per share which beat the analyst consensus estimate of $0.95 by 28.42 percent. This is a 58.92 percent decrease over earnings of $2.97 per share from the same period last year. The company reported quarterly sales of $2.265 billion which beat the analyst consensus estimate of $2.162 billion by 4.77 percent. This is a 10.47 percent decrease over sales of $2.530 billion the same period last year.