Weyerhaeuser (WY) reported $1.8 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 4.5%. EPS of $0.16 for the same period compares to $0.21 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.84 billion, representing a surprise of -2.27%. The company delivered an EPS surprise of +6.67%, with the consensus EPS estimate being $0.15.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...

Weyerhaeuser (WY) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.67%. A quarter ago, it was expected that this timber and paper products company would post earnings of $0.14 per share when it actually produced earnings of $0.16, delivering a surprise of 14.29%.Over the last four qu ...

Achieved net earnings of $114 million, or $0.16 per diluted share Generated Adjusted EBITDA of $352 million, a 10 percent increase compared with fourth quarter 2023 Increased quarterly base dividend by 5.3 percent Enhanced our carbon capture and sequestration business with exploration agreement across five potential sites in the U.S. South SEATTLE, April 25, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today reported first quarter net earnings of $114 million, or 16 cents per diluted share, on net ...

Weyerhaeuser Company Exhibit 99.2 Q1.2024 Analyst Package Preliminary results (unaudited) Consolidated Statement of Operations Q4 Q1 Dec 31, March 31, March 31, in millions 2023 2024 2023 Net sales $ 1,774 $ 1,796 $ 1,881 Costs of sales 1,432 1,441 1,512 Gross margin 342 355 369 Selling expenses 21 22 22 General and administrative expenses 115 120 101 Gain on sale of timberlands (84) — — Other operating costs, net 12 17 10 Operating income 278 196 236 Non-operating pension and other post-employment benefit ...

Weyerhaeuser Company (WY) is slated to report first-quarter 2024 results on Apr 25, after the closing bell.In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate by 14.3% but net sales missed the same by 4%. Quarterly adjusted earnings and net sales for the quarter decreased 2.7% and 33.3%, respectively.Weyerhaeuser’s earnings beat the consensus mark in three of the last four quarters and met on one occasion, with the average surprise being 35.4%.Trend in Estimate RevisionThe ...

Andrei Metelev While land is an inherently limited resource, timber has largely been oversupplied in the U.S. due to government incentives put in place long ago encouraging farmers and other large landowners to plant forests, particularly in the South. The forests planted in these incentive programs have been reaching maturity in the last decade resulting in an oversupply of timber and consequently low timber pricing. Note the TimberMart-South data showing pine sawtimber pricing about the same as 10 yea ...

Weyerhaeuser Company (WY) entered into an exclusive two-year agreement with Lapis Energy LP for subsurface carbon dioxide sequestration in Arkansas, Louisiana and Mississippi.Per the agreement, Lapis will determine the carbon sequestration potential of five potential sites covering 187,500 acres of subsurface rights owned by Weyerhaeuser. Post the technical and commercial reckonings, Lapis will engage in moving the sites into full-scale development agreements.  This will be followed by the completion of the ...

Exclusive two-year agreement covers 187,500 acres across Arkansas, Louisiana and Mississippi SEATTLE, Feb. 27, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) and Lapis Energy LP ("Lapis") announced today the execution of an exclusive exploration agreement for subsurface carbon dioxide sequestration in Arkansas, Louisiana and Mississippi. The agreement covers 187,500 acres of subsurface rights owned by Weyerhaeuser and spans five potential sequestration sites, including two locations that were previous ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO f COMMISSION FILE NUMBER 1-4825 WEYERHAEUSER COMPANY A WASHINGTON CORPORATION 91-0470860 (IRS EMPLOYER IDENTIFICATION NO.) 220 OCCIDENTAL AVENUE SOUTH, SEATTLE, WASHINGTON ...

Weyerhaeuser Company (WY) has entered into a national partnership with Be Pro Be Proud, a licensed initiative led by the Arkansas State Chamber of Commerce and the Associated Industries of Arkansas (ASCC/AIA).This strategic partnership aligns with the company’s commitment to rural communities and workforce development, highlighted in its 3 by 30 Sustainability Ambition.The Initiative in DetailAs part of the partnership, Weyerhaeuser will support this initiative’s educational outreach and recruiting activiti ...