26.07.2016 14:04:04

USG Corp. Bottom Line Falls 13% In Q2

(RTTNews) - USG Corp. (USG) announced earnings for second quarter that declined from last year.

The company said its bottom line declined to $68 million, or $0.46 per share. This was down from $78 million, or $0.53 per share, in last year's second quarter.

Analysts had expected the company to earn $0.48 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.1% to $1.00 billion. This was up from $0.97 billion last year.

USG Corp. earnings at a glance:

-Earnings (Q2): $68 Mln. vs. $78 Mln. last year. -Earnings Decline (Y-o-Y): -12.8% -EPS (Q2): $0.46 vs. $0.53 last year. -EPS Decline (Y-o-Y): -13.2% -Analysts Estimate: $0.48 -Revenue (Q2): $1.00 Bln vs. $0.97 Bln last year. -Revenue Change (Y-o-Y): 3.1%

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