25.01.2024 22:42:11 - dpa-AFX: Weyerhaeuser Co Q4 Profit Increases, but misses estimates

FEDERAL WAY (dpa-AFX) - Weyerhaeuser Co (WY) revealed earnings for its
fourth quarter that increased from last year but missed the Street estimates.

The company's bottom line totaled $219 million, or $0.30 per share. This
compares with $11 million, or $0.02 per share, in last year's fourth quarter.

Excluding items, Weyerhaeuser Co reported adjusted earnings of $121 million or
$0.16 per share for the period.

Analysts on average had expected the company to earn $0.17 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 2.7% to $1.77 billion from $1.82
billion last year.

Weyerhaeuser Co earnings at a glance (GAAP) :

-Earnings (Q4): $219 Mln. vs. $11 Mln. last year.
-EPS (Q4): $0.30 vs. $0.02 last year.
-Analyst Estimate: $0.17
-Revenue (Q4): $1.77 Bln vs. $1.82 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 29,100 03.05.24 08:37:46 +0,910 +3,23% 0,000 0,000 28,900 29,100

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