SEATTLE, Feb. 8, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced that its board of directors declared a quarterly base cash dividend of $0.20 per share on the common stock of the company, reflecting a 5.3 percent increase from the prior quarterly dividend of $0.19 per share. The dividend is payable in cash on March 22, 2024, to holders of record of such common stock as of the close of business on March 8, 2024. "We're pleased to announce this increase in our quarterly base dividend and ...

alexsl/iStock via Getty Images Introduction I am a big fan of the wood/timber industry. Although I have no direct exposure, I own railroads that ship wood products in various forms, including building materials. I also own Deere & Company (DE), which is one of the biggest producers of forestry machinery. On top of that, it needs to be said that lumber prices are a fantastic economic indicator, as these products are used in various economic industries, including homebuilding. The chart below, for example ...

Weyerhaeuser Company (NYSE:WY) Q4 2023 Earnings Conference Call January 26, 2024 10:00 AM ET Company Participants Andy Taylor - Vice President of Investor Relations Devin Stockfish - President & Chief Executive Officer David Wold - Senior Vice President & Chief Financial Officer Conference Call Participants Susan Maklari - Goldman Sachs George Staphos - Bank of America Anthony Pettinari - Citi Kurt Yinger - D.A. Davidson Matthew McKellar - RBC Capital Markets Michael Roxland - Truist Securities Ketan Mamtor ...

Weyerhaeuser Company’s (WY) shares inched up 0.4% in the after-hour trading session on Jan 25, after it reported mixed results for fourth-quarter 2023. Its earnings beat the Zacks Consensus Estimate, but net sales missed the same.On a year-over-year basis, both metrics declined due to lower fee harvest volumes in the West and a decrease in domestic sales volumes.The company optimized its timberlands holdings with the strategic acquisition of mature and highly productive acreage in the Carolinas and Mississi ...

Weyerhaeuser (WY) reported $1.77 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 2.7%. EPS of $0.16 for the same period compares to $0.24 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.85 billion, representing a surprise of -4.00%. The company delivered an EPS surprise of +14.29%, with the consensus EPS estimate being $0.14.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...

Weyerhaeuser (WY) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.29%. A quarter ago, it was expected that this timber and paper products company would post earnings of $0.33 per share when it actually produced earnings of $0.33, delivering no surprise.Over the last four quarters, ...

Returning $0.14 per share supplemental dividend, resulting in $0.90 per share of total dividends based on 2023 results Delivering total cash return to shareholders of $783 million, or approximately 80 percent of Adjusted Funds Available for Distribution, based on 2023 results SEATTLE, Jan. 25, 2024 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced that its board of directors declared a supplemental dividend of $0.14 per share on the common stock of the company, payable in cash on February 27 ...

Investors are always looking for stocks that are poised to beat at earnings season and Weyerhaeuser Company (WY) , may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Northrop Grumman is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pre ...

Weyerhaeuser Company (WY) is slated to report fourth-quarter 2023 results on Jan 25, after the closing bell.In the last reported quarter, the company’s earnings met the Zacks Consensus Estimate and net sales missed the same by 4.4%. Quarterly adjusted earnings and net sales for the quarter decreased 21.4% and 11.2%, respectively.Weyerhaeuser’s earnings beat the consensus mark in all the last four quarters, with the average surprise being 40.2%.Trend in Estimate RevisionThe Zacks Consensus Estimate for the t ...

In its upcoming report, Weyerhaeuser (WY) is predicted by Wall Street analysts to post quarterly earnings of $0.15 per share, reflecting a decline of 37.5% compared to the same period last year. Revenues are forecasted to be $1.86 billion, representing a year-over-year increase of 1.8%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 9.3% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during t ...