USG Corp. (USG) reported that its fourth-quarter net loss widened to $598 million or $6.02 per share from $349 million or $3.52 per share last year.
The company noted that the net loss included a non-cash, $548 million deferred tax asset valuation allowance, $31 million of restructuring, impairment and other charges, and $97 million of income from the settlement of a lawsuit.
On average, 12 analysts polled by Thomson Reuters expected the company to report a loss of $0.53 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales decreased to $720 million from $981 million last year. Analysts expected revenue of $759.06 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.