Decade-High Wallboard Volumes and Record Ceilings Margin Were the Highlights of USG’s 4Q
No-moat USG finished fiscal 2017 on a high note, with wallboard volumes growing 14% year over year to a 10-year high and U.S. ceilings adjusted operating margin expanding a whopping 460 basis points to 21.3%, a fourth-quarter record for that business. It’s not surprising then that consolidated sales and adjusted EPS easily beat consensus estimates. Total sales grew 13% year over year to $831 million (versus $758 million consensus) and adjusted EPS increased about 20% to $0.53 (versus $0.39 conse...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.