Traders Spike Share Volume Activity Following These 3 Reports
USG Corp. (NYSE:USG) had a loss and beat Wall Street’s expectations, AND beat the revenue expectation. Net loss decreased -87% to $13 million (11 cents per diluted share) in the quarter versus a net loss of $100 million in the year-earlier quarter. Revenue rose 8.67% to $815 million from the year-earlier quarter.
USG Corp. reported adjusted net income of 11 cents per share. By that measure, the company beat the mean analyst estimate of $0. It beat the average revenue estimate of $789.97 million.