earnings
confidence high
sentiment negative
materiality 0.85
Weyerhaeuser Q3 net earnings $310M ($0.42/diluted); Adjusted EBITDA $583M, down from Q2's $1.2B
WEYERHAEUSER CO
2022-Q3 EPS reported
$2.51
revenue$8,361,000,000
- Net sales $2.3B flat YoY; net earnings $310M versus $482M in Q3 2021 and $788M in Q2 2022.
- Adjusted EBITDA $583M; Wood Products segment hit hardest with EBITDA of $395M, down 57% QoQ.
- Timberlands EBITDA $168M, impacted by work stoppage in West and softening export demand; Q4 outlook significantly lower.
- Real Estate, Energy & Natural Resources EBITDA $60M; full-year 2022 guidance reaffirmed at ~$325M.
- Share repurchases $404M YTD through Q3; balance sheet exceptionally strong per CEO.