earnings
confidence high
sentiment negative
materiality 0.80
Weyerhaeuser Q3 net earnings $28M; revenue $1.7B; Wood Products EBITDA falls 72% YoY
WEYERHAEUSER CO
2024-Q3 EPS reported
$0.43
revenue$5,416,000,000
- Net earnings $28M ($0.04 diluted EPS); adjusted EPS $0.05 vs $0.33 YoY.
- Revenue $1.7B, down 17% YoY; Adjusted EBITDA $236M vs $509M.
- Wood Products segment EBITDA $91M, down from $225M QoQ; impairment charge of $10M pretax.
- Completed $82M timberland acquisition in Q3 as part of $244M total for 84,300 acres in Alabama.
- Full-year 2024 Real Estate & ENR EBITDA outlook raised to ~$340M; share repurchases $125M YTD.