25.04.2024 23:08:47 - dpa-AFX: Weyerhaeuser Co Bottom Line Drops In Q1, but beats estimates

FEDERAL WAY (dpa-AFX) - Weyerhaeuser Co (WY) announced a profit for first
quarter that decreased from the same period last year but beat the Street
estimates.

The company's earnings came in at $114 million, or $0.16 per share. This
compares with $151 million, or $0.21 per share, in last year's first quarter.

Analysts on average had expected the company to earn $0.15 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 5.6% to $1.7 billion from $1.8
billion last year.

Weyerhaeuser Co earnings at a glance (GAAP) :

-Earnings (Q1): $114 Mln. vs. $151 Mln. last year.
-EPS (Q1): $0.16 vs. $0.21 last year.
-Revenue (Q1): $1.7 Bln vs. $1.8 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
WEYERHAEUSER CO. DL 1,25 854357 Frankfurt 28,800 07.05.24 08:02:04 -0,030 -0,10% 28,800 28,960 28,800 28,830

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