Hot Stock to Track After Earnings: USG Corporation (NYSE:USG)

USG Corporation (NYSE:USG) reported earnings for the three months ended Mar2016 on April 21, 2016. The company earned $0.43 per share on revenue of $970M. Analysts had been modeling earning per share of $0.26 with $928.58M in revenue.

Business Highlights

Net sales increase to $970 million from $909 million

Net income increases to $67 million from $24 million; adjusted net income increases to $63 million from $44 million

US Gypsum operating profit margin improvement to 19.0% from 13.8%

US Ceilings operating profit margin improvement to 22.7% from 16.5%

USG Corporation (USG), a leading building products company, reported results for the first quarter of 2016. “We’re off to a strong start in 2016, with arguably the best quarter we’ve had in almost a decade,” said James S. Metcalf, Chairman, President, and CEO. “We realized significant operating margin expansion in all of our US operations, led by our Ceilings business which turned in an all-time record quarter.”

USG Corporation earnings per share showed an increasing trend of 0.6% for the current fiscal year. The company’s expected EPS growth rate for next fiscal year is 222%.Analysts project EPS growth over the next 5 years at 25.2%. It has EPS annual growth over the past 5 fiscal years of 29.6% when sales grew 5.9. It reported 6.7% sales growth, and 182.1% EPS growth in the last quarter.

The stock is trading at $28.86, up 82.08% from 52-week low of $15.85. The stock trades down -12.23% from its peak of $32.88 and 1.04% above the consensus price target of $29.16. Its volume clocked up at 1.36 million shares which is lower than the average volume of 1.87 million shares. Its market capitalization currently stands at $4.26B.