USG Corp. (USG) Misses Q1 EPS by 9c, Revenue Tops Views

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USG Corporation Reports First Quarter 2018 Results

April 25, 2018 8:00 AM EDT

Highest First Quarter Net Sales in a Decade; Strategic Initiatives and Refreshed Operating Model Contributed to Top-Line Growth

Business Highlights

New corporate strategy announced at Investor Day expected to drive continued profitable growth and increase shareholder value over the mid-term Delivered $786 million of net sales for the quarter, a 3% increase, compared Q1 2017; on an adjusted basis, net sales increased 4% compared to Q1 2017 Improved pricing across all divisions, including highest U.S. Wallboard price in 12 years (+9% sequential... More