21.04.2016 14:03:10
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USG Corp. Earnings Advance 43% In Q1
(RTTNews) - USG Corp. (USG) reported earnings for its first quarter that climbed compared to the same period last year.
The company said its bottom line came in at $63 million, or $0.43 per share. This was higher than $44 million, or $0.30 per share, in last year's first quarter.
Analysts had expected the company to earn $0.26 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 7.9% to $970 million. This was up from $899 million last year.
USG Corp. earnings at a glance:
-Earnings (Q1): $63 Mln. vs. $44 Mln. last year. -Earnings Growth (Y-o-Y): 43.2% -EPS (Q1): $0.43 vs. $0.30 last year. -EPS Growth (Y-o-Y): 43.3% -Analysts Estimate: $0.26 -Revenue (Q1): $970 Mln vs. $899 Mln last year. -Revenue Change (Y-o-Y): 7.9%
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