Weyerhaeuser Q3 net earnings $239M (EPS $0.33); Adj. EBITDA up 9% QoQ

WEYERHAEUSER CO

2023-Q3 EPS reported $0.85 revenue$5,900,000,000

Net earnings $239M ($0.33 diluted EPS) vs $310M ($0.42) YoY and $230M ($0.31) Q2.
Net sales $2.0B, down from $2.3B YoY; Adjusted EBITDA $509M, up 9% from Q2.
First forest carbon credits approved in Maine under Natural Climate Solutions program.
Q4 outlook: Timberlands earnings comparable, Real Estate lower, Wood Products moderately lower.
Full year 2023 Real Estate Adjusted EBITDA guidance raised to ~$310M (from ~$300M).

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

WEYERHAEUSER CO reported the quarter ended September 30, 2023 results: revenue $2.0 billion, net income $239 million, EPS $0.33 per diluted share.

Period: the quarter ended September 30, 2023
Revenue: $2.0 billion
Net income: $239 million
EPS: $0.33 per diluted share
Result: reported results

Exact text from the filing

Weyerhaeuser Company (NYSE: WY) today reported third quarter net earnings of $239 million, or 33 cents per diluted share, on net sales of $2.0 billion.

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Source: SEC EDGAR

accession 0000950170-23-055646

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