USG Corp. Q2 adjusted earnings Miss Estimates

(RTTNews) - USG Corp. (USG) released earnings for its second quarter that increased from the same period last year.

The company's bottom line totaled $58 million, or $0.41 per share. This compares with $36 million, or $0.24 per share, in last year's second quarter.

Excluding items, USG Corp. reported adjusted earnings of $70 million or $0.50 per share for the period.

Analysts had expected the company to earn $0.61 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.5% to $880 million from $811 million last year.

USG Corp. earnings at a glance:

-Earnings (Q2): $70 Mln. vs. $64 Mln. last year. -EPS (Q2): $0.50 vs. $0.44 last year. -Analysts Estimate: $0.61 -Revenue (Q2): $880 Mln vs. $811 Mln last year.