Plus   Neg

USG Corp. Q3 adjusted earnings Miss Estimates

USG Corp. (USG) released earnings for third quarter that declined from the same period last year.

The company's earnings totaled $59 million, or $0.41 per share. This compares with $66 million, or $0.46 per share, in last year's third quarter.

Excluding items, USG Corp. reported adjusted earnings of $65 million or $0.45 per share for the period.

Analysts had expected the company to earn $0.59 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.0% to $851 million from $795 million last year.

USG Corp. earnings at a glance:

-Earnings (Q3): $65 Mln. vs. $68 Mln. last year.
-EPS (Q3): $0.45 vs. $0.47 last year.
-Analysts Estimate: $0.59
-Revenue (Q3): $851 Mln vs. $795 Mln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT