Owens Corning (NYSE: OC) reported earnings on April 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Owens Corning beat expectations on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue increased and GAAP earnings per share contracted to a loss.

Margins contracted across the board.

Revenue details
Owens Corning reported revenue of $1.35 billion. The 10 analysts polled by S&P Capital IQ expected revenue of $1.29 billion on the same basis. GAAP reported sales were 8.7% higher than the prior-year quarter's $1.24 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Non-GAAP EPS came in at $0.09. The 13 earnings estimates compiled by S&P Capital IQ predicted $0.30 per share on the same basis. GAAP EPS were -$0.38 for Q1 against $0.19 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 13.8%, 250 basis points worse than the prior-year quarter. Operating margin was 1.6%, 300 basis points worse than the prior-year quarter. Net margin was -3.4%, 530 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.48 billion. On the bottom line, the average EPS estimate is $0.70.

Next year's average estimate for revenue is $5.51 billion. The average EPS estimate is $2.33.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 450 members out of 474 rating the stock outperform, and 24 members rating it underperform. Among 104 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 103 give Owens Corning a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Owens Corning is outperform, with an average price target of $38.77.