USG Corp. (USG) Misses Q2 EPS by 2c

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USG Corporation Reports Second Quarter 2016 Results

July 26, 2016 8:01 AM EDT

Second Quarter 2016 vs. Second Quarter 2015

Business Highlights

Net sales increase to $1 billion from $970 million Operating profit increases to $133 million from $105 million; adjusted operating profit increases to $138 million from $118 million Net income decreases to $74 million from $79 million; adjusted net income decreases to $68 million from $78 million US Gypsum operating profit margin improvement to 19.9% from 17.6% US Ceilings operating profit margin improvement to 23.8% from 19.0%

CHICAGO--(BUSINESS WIRE)-- USG Corporation (NYSE:... More