Georgia Gulf Corporation (GGC) Tuesday reported third-quarter net income of $39.3 million or $1.12 per share compared to $34.4 million or $0.99 per share last year.
On an adjusted basis, net income was $48.4 million or $1.38 per share compared to $26.3 million or $0.75 per share last year.
On average, analysts polled by Thomson Reuters expected the company to earn $1.18 per share for the quarter.
Net sales dropped 12 percent to $813.5 million from $929.6 million last year. Analysts estimated revenues of $940.14 million for the quarter.
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