Owens Corning (NYSE: OC) reported earnings on Feb. 15. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Owens Corning missed estimates on revenues and missed expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded slightly and GAAP earnings per share increased.

Margins improved across the board.

Revenue details
Owens Corning recorded revenue of $1.20 billion. The 11 analysts polled by S&P Capital IQ expected to see revenue of $1.27 billion on the same basis. GAAP reported sales were 2.4% higher than the prior-year quarter's $1.17 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 $0.40. The 14 earnings estimates compiled by S&P Capital IQ averaged $0.48 per share on the same basis. GAAP EPS were $0.41 for Q4 versus -$0.89 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 19.2%, 190 basis points better than the prior-year quarter. Operating margin was 7.3%, 420 basis points better than the prior-year quarter. Net margin was 4.2%, 1,360 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.29 billion. On the bottom line, the average EPS estimate is $0.30.

Next year's average estimate for revenue is $5.52 billion. The average EPS estimate is $2.35.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 445 members out of 469 rating the stock outperform, and 24 members rating it underperform. Among 110 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 108 give Owens Corning a green thumbs-up, and two 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 $36.33.