Core Viewpoint - Weyerhaeuser (WY) is anticipated to report a year-over-year decline in earnings due to lower revenues, with a consensus EPS estimate of a loss of $0.07 per share, reflecting a significant decrease of 240% compared to the previous year [1][3]. Financial Expectations - Revenues for the upcoming quarter are projected to be $1.65 billion, which is a decrease of 1.9% from the same quarter last year [3]. - The consensus EPS estimate has been revised downwards by 560% over the last 30 days, indicating a significant reassessment by analysts [4]. Earnings Surprise Prediction - The Most Accurate Estimate for Weyerhaeuser aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, suggesting no recent differing analyst views [12]. - Weyerhaeuser currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat [12]. Historical Performance - In the last reported quarter, Weyerhaeuser exceeded the consensus EPS estimate by delivering earnings of $0.12 per share against an expectation of $0.10, resulting in a surprise of +20.00% [13]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [14]. Industry Comparison - UFP Industries (UFPI), another player in the building products industry, is expected to report an EPS of $1.37 for the same quarter, reflecting a year-over-year decline of 16.5% [18]. - UFP Industries' revenues are anticipated to be $1.61 billion, down 2.3% from the previous year, with a consensus EPS estimate revised 2.7% lower recently [19].
Earnings Preview: Weyerhaeuser (WY) Q3 Earnings Expected to Decline