USG Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, Net Sales were $767 million compared to $747 million for the same period a year ago. Operating profit was $91 million compared to $116 million for the same period a year ago. Income from continuing operations before income taxes was $84 million compared to $86 million for the same period a year ago. Net income was $55 million compared to $67 million for the same period a year ago. Earnings per average common share, diluted were $0.37 compared to $0.46 for the same period a year ago. Net cash used for operating activities was $30 million against $30 million a year ago. Capital expenditures were $39 million against $14 million a year ago. Adjusted operating profit was $104 million compared to $120 million for the same period a year ago. Adjusted net income was $55 million compared to $56 million for the same period a year ago. Adjusted earnings per diluted common share was $0.37 compared to $0.38 for the same period a year ago.

The company is assuming spend $70 million, which is planned for 2017, would expect to increase EBITDA by about $25 million from this year to next year. For the rest of the 2017, expects positive profit contribution each quarter on a year-on-year basis in this area.