USG Corporation Reports Third Quarter 2011 Results ($USG)
From today's press release with Q3 2011 results:
[T]hird quarter 2011 net sales of $792 million, an operating loss of $76 million and a net loss of $115 million, or $1.09 per share based on 105.3 million average shares outstanding. In last year's third quarter, net sales were $758 million, the operating loss was $58 million and the net loss was $100 million, or $1.00 per share based on 100.1 million average shares outstanding.Stockholder's equity fell to $375 million. Market cap is $831 million, for a price-to-book ratio of 2.2x.
"Many of our key markets continue to experience recessionary levels of demand that are near record lows," said James S. Metcalf, President and CEO.
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