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USG Stock Pops on Q1 Earnings Beat

NEW YORK (TheStreet) -- Shares of USG (USG - Get Report) are rising by 4.11% to $28.15 on heavy trading volume late Thursday morning, after the Chicago-based company posted its 2016 first quarter results.

Before today's market open, the building products company reported adjusted earnings of 43 cents per diluted share, surpassing analysts' estimates of 26 cents per share.

Revenue for the period was $970 million, also above analysts' expectations of $928.6 million.

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