USG Corp. (USG) Tops Q4 EPS by 9c; $250M Stock Buyback
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USG Corporation Reports Fourth Quarter and Full Year 2016 Results and Announces $250 Million Share Repurchase Program
February 1, 2017 8:00 AM ESTBusiness Highlights
Full Year 2016 vs. Full Year 2015
Net sales increase to $3.0 billion from $2.9 billion Operating profit increases to $394 million from $355 million; adjusted operating profit increases to $470 million from $388 million Net income decreases to $510 million from $991 million; adjusted net income increases to $251 million from $244 million US Gypsum operating margins increase to 17.6% from 16.1%; US Ceilings operating margins increase to 21.6% from 17.2%Fourth Quarter 2016 vs. Fourth Quarter 2015
Net sales increase to $734 million from $718 million Operating profit decreases to $59... More