26.10.2023 23:16:04 - dpa-AFX: Weyerhaeuser Co Q3 Profit Drops, Inline With Estimates

FEDERAL WAY (dpa-AFX) - Weyerhaeuser Co (WY) reported a profit for third
quarter that decreased from last year in line with the Street estimates.

The company's bottom line came in at $239 million, or $0.33 per share. This
compares with $310 million, or $0.42 per share, in last year's third quarter.

Excluding items, Weyerhaeuser Co reported adjusted earnings of $239 million or
$0.33 per share for the period.

Analysts on average had expected the company to earn $0.33 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 11.4% to $2.02 billion from $2.28
billion last year.

Weyerhaeuser Co earnings at a glance (GAAP) :

-Earnings (Q3): $239 Mln. vs. $310 Mln. last year.
-EPS (Q3): $0.33 vs. $0.42 last year.
-Analyst Estimates: $0.33
-Revenue (Q3): $2.02 Bln vs. $2.28 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 28,000 23.05.24 15:35:50 -0,560 -1,96% 0,000 0,000 28,370 28,560

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