USG (NYSE: USG) reported earnings on Oct. 18. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), USG missed estimates on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP loss per share dropped.
Margins increased across the board.
Revenue details
USG logged revenue of $828.0 million. The 15 analysts polled by S&P Capital IQ anticipated sales of $864.0 million on the same basis. GAAP reported sales were 4.5% higher than the prior-year quarter's $792.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
EPS came in at -$0.25. The 16 earnings estimates compiled by S&P Capital IQ forecast -$0.09 per share. GAAP EPS were -$0.28 for Q3 against -$1.09 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Margin details
For the quarter, gross margin was 12.8%, 610 basis points better than the prior-year quarter. Operating margin was 3.9%, 600 basis points better than the prior-year quarter. Net margin was -3.5%, 1,100 basis points better than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $813.8 million. On the bottom line, the average EPS estimate is -$0.24.
Next year's average estimate for revenue is $3.32 billion. The average EPS estimate is -$0.77.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,722 members out of 1,866 rating the stock outperform, and 144 members rating it underperform. Among 510 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 475 give USG a green thumbs-up, and 35 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on USG is outperform, with an average price target of $21.64.
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