Financial Performance - Net sales for Q4 2024 were $1,708 million, a decrease of 3.7% compared to Q4 2023's $1,774 million[1] - The gross margin for Q4 2024 was $304 million, representing a 11.4% increase from Q4 2023's $342 million[1] - Operating income for Q4 2024 was $141 million, down 49.5% from $278 million in Q4 2023[1] - Net earnings for Q4 2024 were $81 million, a decline of 1.5% compared to $219 million in Q4 2023[1] - Adjusted EBITDA for Q4 2024 was $294 million, a decrease of 10.5% from $321 million in Q4 2023[3] - Earnings per share (diluted) for Q4 2024 were $0.11, down from $0.30 in Q4 2023[2] - The company reported a year-to-date net earnings of $396 million for 2024, compared to $839 million in 2023[1] - Adjusted EBITDA for the year 2024 was $539 million, down from $646 million in 2023, reflecting a decrease of about 17%[10] - The total net contribution to earnings for Q4.2024 was $106 million, compared to $119 million in Q4.2023, a decrease of approximately 11%[19] Assets and Liabilities - Total assets as of December 31, 2024, were $16,756 million, a slight decrease from $16,983 million in 2023[7] - Long-term debt as of December 31, 2024, was $4,861 million, slightly down from $5,069 million in 2023[7] - Total current liabilities increased to $944 million in Q4 2024 from $788 million in Q4 2023, an increase of about 20%[7] Cash Flow and Capital Expenditures - Net cash from operations for the year 2024 was $1,008 million, compared to $1,433 million in 2023, reflecting a decrease of approximately 30%[8] - The company incurred capital expenditures for property and equipment totaling $364 million in 2024, compared to $390 million in 2023[8] - Cash spent for capital expenditures in Q4.2024 was $117 million, compared to $155 million in Q4.2023, indicating a reduction of approximately 24%[21] - Cash spent for capital expenditures in Q1.2024 was $(6) million, compared to $(4) million in Q4.2023[26] Segment Performance - Total net sales for the Timberlands segment in Q4 2024 were $497 million, down from $534 million in Q4 2023, representing a decline of about 7%[9] - Operating income for the Timberlands segment in Q4 2024 was $62 million, compared to $186 million in Q4 2023, indicating a significant decrease of approximately 67%[9] - Production volumes for Structural Lumber in Q1.2024 were 1,085 million board feet, a slight increase from 1,091 million board feet in Q4.2023[22] - Third-party sales volumes for Medium Density Fiberboard in Q2.2024 were 36 million square feet, consistent with Q1.2024[22] Market and Pricing - The price per acre for real estate in Q4.2024 was $2,806, down from $4,202 in Q4.2023, reflecting a significant decrease of about 33%[17] - The basis as a percent of real estate net sales for Q4.2024 was 39%, compared to 45% in Q4.2023, indicating a decline of 6 percentage points[17] Other Financial Metrics - The company did not report any gains on the sale of timberlands in Q4 2024, contrasting with a loss of $84 million in Q4 2023[1] - Cash and cash equivalents at the end of Q4 2024 were $684 million, a decrease from $1,164 million at the end of Q4 2023[8] - The total decrease in working capital for YTD.2024 was $(35) million, compared to an increase of $26 million in YTD.2023[21] - The company recorded a foreign exchange loss of $(1) million in Q1.2024, while gaining $1 million in Q4.2023[24] - The company reported a net charge to earnings of $(67) million in Q1.2024, which is an increase from $(63) million in Q4.2023[24]

Core Viewpoint - Weyerhaeuser Company is expected to report its fourth-quarter 2024 results on January 30, with earnings anticipated to reflect stable or slightly improved performance despite challenges from seasonal slowdowns and global demand uncertainty [1][4]. Earnings Performance - In the last reported quarter, Weyerhaeuser's earnings exceeded the Zacks Consensus Estimate by 150%, while net sales fell short by 3%. Adjusted earnings and net sales decreased by 84.8% and 16.9%, respectively [2]. - The Zacks Consensus Estimate for the upcoming quarter's EPS has risen to 7 cents from 6 cents, indicating a 56.3% decline from the previous year. Revenue is estimated at $1.74 billion, reflecting a 1.7% year-over-year decrease [3]. Segment Analysis - The Timberlands segment is expected to see net sales drop by 5.4% year-over-year to $504.9 million, with adjusted EBITDA declining 12.7% from a year ago to $124.8 million [7]. - The Wood Products segment anticipates a slight revenue increase of 0.3% year-over-year to $1,306.1 million, but adjusted EBITDA is expected to decline 36.8% from the previous year to $100.4 million [8]. - In the Real Estate, Energy, and Natural Resources segment, earnings and adjusted EBITDA are projected to decrease by $10 million from the third quarter, with net sales expected to be $74.5 million, down 3.3% year-over-year [9][10]. Market Conditions - Elevated mortgage rates have negatively impacted single-family home construction, which accounts for about 30% of lumber demand, while the repair and remodel market, representing around 40% of demand, has also seen reduced activity [5]. - Commodity pricing has performed slightly better than expected this quarter, providing some support to the company's results [4].

Core Viewpoint - The market anticipates a year-over-year decline in Weyerhaeuser's earnings due to lower revenues, with a focus on how actual results will compare to these estimates [1][2]. Earnings Expectations - Weyerhaeuser is expected to report quarterly earnings of $0.07 per share, reflecting a year-over-year decrease of 56.3% [3]. - Revenues are projected to be $1.74 billion, down 1.7% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 1.52% higher in the last 30 days, indicating a reassessment by analysts [4]. - A positive Earnings ESP of +2.27% suggests analysts have recently become more optimistic about the company's earnings prospects [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy) [8]. - Weyerhaeuser currently holds a Zacks Rank of 1, enhancing the likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, Weyerhaeuser exceeded the expected earnings of $0.02 per share by delivering $0.05, resulting in a surprise of +150% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Conclusion - Weyerhaeuser is positioned as a compelling candidate for an earnings beat, but investors should consider other influencing factors before making investment decisions [16].

Dividend Distribution - Weyerhaeuser Company announced a total dividend distribution of $0.94 per share for 2024, with specific allocations for tax purposes [1][2] - The dividend distributions are categorized as capital gain distributions, which are not eligible for the 20 percent qualified business income deduction under section 199A of the Internal Revenue Code [2] Company Overview - Weyerhaeuser Company is one of the largest private owners of timberlands, controlling approximately 10.5 million acres in the U.S. and managing an additional 14 million acres in Canada [3] - The company has been a leader in sustainability for over a century, managing all its timberlands in compliance with internationally recognized sustainable forestry standards [3] - In 2023, Weyerhaeuser generated $7.7 billion in net sales and employed around 9,300 people [3]

Core Viewpoint - Weyerhaeuser (WY) is experiencing significant selling pressure, with a 9.6% decline over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, supported by analysts predicting better earnings than previously expected [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is utilized to identify oversold stocks, with a reading below 30 typically indicating oversold conditions [2]. - WY's current RSI reading is 29.9, suggesting that the heavy selling may be exhausting itself and a trend reversal could be imminent [5]. Group 2: Fundamental Analysis - Analysts have raised earnings estimates for WY, with a 5.2% increase in the consensus EPS estimate over the last 30 days, indicating potential price appreciation [6]. - WY holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the likelihood of a near-term turnaround [7].

Company Overview - Weyerhaeuser Company is one of the world's 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 [4] - The company has been a global leader in sustainability for over a century, managing 100% of its timberlands on a fully sustainable basis in compliance with internationally recognized standards [4] - In 2023, Weyerhaeuser generated $7.7 billion in net sales and employed around 9,300 people [4] Upcoming Financial Results - Weyerhaeuser will release its fourth quarter 2024 results on January 30, 2024, after market close [1] - A live webcast and conference call to discuss the results will be held on January 31, 2024, at 7 a.m. PT (10 a.m. ET) [1] Accessing Information - Investors can access the news release, live webcast, and presentation through the Investor Relations section on the company's website [2] - For joining the conference call, North American participants can dial 877-407-0792, while international participants should call 201-689-8263 [3]

Core Viewpoint - Weyerhaeuser Company is set to invest approximately $500 million to build a new TimberStrand facility in Arkansas, which will significantly expand its engineered wood products capacity in the Southern United States [1][5]. Investment and Facility Details - The construction of the new facility is expected to begin in 2025, with operations starting by 2027 [2]. - The facility will utilize TimberStrand technology and will have an annual production capacity of about 10 million cubic feet, effectively doubling Weyerhaeuser's total North American capacity [3]. - The Monticello facility will source most of its fiber log requirements from Weyerhaeuser timberlands in Arkansas and will include a biomass-fueled cogeneration system to meet its electrical needs and reduce environmental impact [4]. Market and Strategic Positioning - The new facility aims to support a growing market for TimberStrand in the Southern United States and will help expand Weyerhaeuser's customer base amid rising demand in housing and industrial applications [5]. - The investment aligns with the company's long-term sustainability goals and greenhouse gas emissions reduction targets [5]. Financial Projections - Weyerhaeuser anticipates incurring around $500 million in capital expenditures for the facility through 2027, with expectations to generate over $100 million in annual adjusted EBITDA at full capacity [6]. Timberlands Business Expansion - In the second quarter, Weyerhaeuser announced strategic timberland acquisitions in Alabama, covering 84,300 acres for $244 million, with the first transaction closing in Q2 2024 [8]. - These acquisitions are expected to enhance existing operations and generate high cash flow and harvest volumes per acre within the Southern Timberlands business [9]. - Overall, Weyerhaeuser has invested approximately $775 million towards expanding its Timberlands portfolio, aiming for $1 billion in disciplined investments by the end of 2025 [9]. Share Price Performance - Weyerhaeuser's shares have underperformed compared to the Zacks Building Products - Wood industry, with a decline of 3.8% against the industry's growth of 27.2% over the past year [10]. Recent Financial Results - The company reported a decline in both earnings and net sales year-over-year due to lower fee harvest volumes, decreased domestic sales, and increased manufacturing and raw materials costs [11].

LITTLE ROCK, Ark., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Weyerhaeuser Company, one of the world’s largest private owners of timberlands, has announced an estimated $500 million investment to build a new, state-of-the-art TimberStrand® facility near Monticello and Warren, Arkansas. This investment is expected to create 200 high-quality jobs in the south Arkansas region. “This $500 million investment and 200 new jobs are pivotal for towns like Monticello and Warren,” said Governor Sanders. “I was at the Universit ...

Announces strategic investment to build new TimberStrand® facility in ArkansasSEATTLE, Nov. 18, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced its plan to invest approximately $500 million to build a new, state-of-the-art TimberStrand® facility near Monticello and Warren, Arkansas, expanding the company's engineered wood products (EWP) capacity in the U.S. South. The facility will have an annual production capacity of approximately 10 million cubic feet, which is comparable to the comp ...

Hossain to replace Russell Hagen, who is retiring at the end of 2024SEATTLE, Nov. 11, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced the appointment of Paul Hossain as senior vice president and chief development officer, effective January 1, 2025. In this role, he will oversee the company's Real Estate, Energy & Natural Resources segment, including its Natural Climate Solutions business, as well as Business Development and Acquisitions and Divestitures. Hossain currently serves as vice ...