Weyerhaeuser Company (NYSE:WY) Q3 2024 Earnings Conference Call October 25, 2024 10:00 AM ET Company Participants Andy Taylor - Vice President of Investor Relations Devin W. Stockfish - President and Chief Executive Officer David M. Wold - Senior Vice President and Chief Financial Officer Conference Call Participants Susan Maklari - Goldman Sachs George Staphos - Bank of America Kurt Yinger - D.A. Davidson Anthony Pettinari - Citi Mark Weintraub - Seaport Research Partners Matthew McKellar - RBC Capital Mar ...

Weyerhaeuser Company's (WY) shares dropped 0.4% in yesterday's after-hours trading session after it reported mixed results for third-quarter 2024. Its earnings beat the Zacks Consensus Estimate, while net sales missed the same. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. On a year-over-year basis, both metrics declined due to lower fee harvest volumes in the West, a decrease in domestic sales volumes as well as sales realizations accompanied by increased lumber manufacturing an ...

Weyerhaeuser (WY) reported $1.68 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 16.9%. EPS of $0.05 for the same period compares to $0.33 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.73 billion, representing a surprise of -2.98%. The company delivered an EPS surprise of +150.00%, with the consensus EPS estimate being $0.02.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...

Weyerhaeuser (WY) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 150%. A quarter ago, it was expected that this timber and paper products company would post earnings of $0.22 per share when it actually produced earnings of $0.21, delivering a surprise of -4.55%.Over the last four qua ...

Core Insights - Weyerhaeuser Company reported its third quarter 2024 financial results, with details available on its website and through the U.S. Securities and Exchange Commission [1][2] Company Overview - Weyerhaeuser is one of the largest private owners of timberlands, controlling approximately 10.5 million acres in the U.S. and 14 million acres in Canada under long-term licenses [3] - The company has been a leader in sustainability for over a century, managing all its timberlands sustainably according to recognized standards [3] - In 2023, Weyerhaeuser generated $7.7 billion in net sales and employed around 9,300 people [3] - The company operates as a real estate investment trust and its common stock is traded on the New York Stock Exchange under the symbol WY [3]

Weyerhaeuser Company Exhibit 99.2 Q3.2024 Analyst Package Preliminary results (unaudited) | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------|---------------------|---------|-------|------------------------|-------|---------------|-------------------|--------------------------------|-------------------| | Consolidated Statement of Operations \nin millions | Q1 March \n2024 | 31, | | Q2 June 30, \n2024 | Sept | Q3 30, \n20 ...

Weyerhaeuser Company (WY) is slated to report third-quarter 2024 results on Oct. 24, after the closing bell.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, the company’s earnings and net sales missed the Zacks Consensus Estimate by 4.6% and 3.5%, respectively. Quarterly adjusted earnings and net sales for the quarter decreased 34.3% and 2.9%, respectively.Weyerhaeuser’s earnings beat the consensus mark in two of the last four quarters, met on one and mi ...

Company Overview - Weyerhaeuser (NYSE: WY) is the largest timberland REIT in North America, owning 10.5 million acres in the US and licensing 14 million acres in Canada for logging [1] - The company operates 35 mills with significant production capacity [1] Industry Context - The timberland industry is a key sector in North America, with Weyerhaeuser being a dominant player due to its extensive land holdings and production facilities [1] Management Background - Benjamin Halliburton, founder of Tradition Investment Management, has a distinguished career in investment management, including being named "PSN Manager of the Decade" for All-Cap in the 2000s and for Dividend Value in the 2010s [1] - He has a strong academic background with an MBA from Duke's Fuqua School of Business and holds the Chartered Financial Analyst designation [1] - His investment strategies have historically outperformed benchmarks, such as the S&P 500 during the 1990s bull market [1]

Webcast and conference call on October 25 at 7 a.m. PT (10 a.m. ET)SEATTLE, Sept. 26, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) will release third quarter 2024 results on Thursday, October 24, after the market closes. The company will then hold a live webcast and conference call the following day, on Friday, October 25, at 7 a.m. Pacific (10 a.m. Eastern), to discuss the results.To access the news release, live webcast and presentation online, visit the Investor Relations section on www.weyerhaeu ...

Collaboration will highlight and advance the role of climate-smart forestry in mitigating climate changeSEATTLE, Sept. 17, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) and The Nature Conservancy (TNC) today announced a multiyear collaboration to further the scientific understanding of how forests and forest products contribute to climate mitigation. The joint effort brings together one of the world's largest private owners of timberlands with one of the world's largest conservation organizations to ...