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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.