USG Corp. (USG) Set to Announce Earnings on Thursday
USG Corp. (NYSE:USG) will release its Q313 earnings data on Thursday, October 24th. Analysts expect USG Corp. to post earnings of $0.27 per share and revenue of $937.50 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.
USG Corp. (NYSE:USG) last issued its quarterly earnings data on Thursday, July 25th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.03. The company had revenue of $916.00 million for the quarter, compared to the consensus estimate of $879.07 million. During the same quarter in the previous year, the company posted ($0.15) earnings per share. The company’s revenue for the quarter was up 14.8% on a year-over-year basis.
USG Corp. (NYSE:USG) opened at 26.62 on Wednesday. USG Corp. has a one year low of $20.05 and a one year high of $30.97. The stock’s 50-day moving average is $24.84 and its 200-day moving average is $25.94. The company’s market cap is $2.889 billion.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of USG Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, October 15th. They now have a $29.20 price target on the stock. On the ratings front, analysts at Jefferies Group initiated coverage on shares of USG Corp. in a research note to investors on Thursday, September 26th. They set a “buy” rating and a $34.00 price target on the stock. Finally, analysts at Sterne Agee upgraded shares of USG Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Friday, September 6th. They now have a $32.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. USG Corp. has a consensus rating of “Buy” and an average target price of $31.62.
USG Corporation (NYSE:USG), through its subsidiaries, is a manufacturer and distributor of building materials.
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