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USG Corp. Q3 Income Climbs 23%

USG Corp. (USG) released a profit for its third quarter that climbed compared to the same period last year.

The company said its bottom line rose to $76 million, or $0.52 per share. This was up from $62 million, or $0.41 per share, in last year's third quarter.

The company said revenue for the quarter fell 0% to $972 million. This was down from $972 million last year.

USG Corp. earnings at a glance:

-Earnings (Q3): $76 Mln. vs. $62 Mln. last year.
-Earnings Growth (Y-o-Y): 22.6%
-EPS (Q3): $0.52 vs. $0.41 last year.
-EPS Growth (Y-o-Y): 26.8%
-Revenue (Q3): $972 Mln vs. $972 Mln last year.
-Revenue Change (Y-o-Y): 0%

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A busy week for economics saw the release of first quarter growth figures for the U.S. economy and the interest rate decision in Japan. Read our stories to find out why the GDP data damped market sentiment in the U.S. and what were the signals given out by the Bank of Japan. Other news this week included new home sales data and jobless claims figures from the U.S., and the latest purchasing managers' survey results for the Eurozone.

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