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USG Corp. Q1 adjusted earnings Miss Estimates

USG Corp. (USG) announced a profit for first quarter that decreased from the same period last year.

The company's bottom line totaled $37 million, or $0.25 per share. This compares with $55 million, or $0.37 per share, in last year's first quarter.

Excluding items, USG Corp. reported adjusted earnings of $46 million or $0.32 per share for the period.

Analysts had expected the company to earn $0.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.5% to $786 million from $767 million last year.

USG Corp. earnings at a glance:

-Earnings (Q1): $46 Mln. vs. $55 Mln. last year.
-EPS (Q1): $0.32 vs. $0.37 last year.
-Analysts Estimate: $0.41
-Revenue (Q1): $786 Mln vs. $767 Mln last year.

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