Weyerhaeuser beats quarterly profit estimates on high real estate demand [Reuters]
Weyerhaeuser Company (WY)
Last weyerhaeuser company earnings: 5/1 03:05 am
Check Earnings Report
US:NYSE Investor Relations:
investor.weyerhaeuser.com
Company Research
Source: Reuters
April 25 (Reuters) - U.S. forest product firm Weyerhaeuser on Thursday beat estimates for first-quarter profit on increased demand for housing construction. Tight supply of existing homes in the United States pushed buyers to opt for newly made houses, helping forest product firms like Weyerhaeuser. The Seattle-based Weyerhaeuser's quarterly adjusted core profit from its real estate, energy & natural resources segment rose 5.6% to $94 million from a year ago, and was up 24.3% at $184 million from its wood products segment. The company reported an adjusted profit of 16 cents per share for the quarter ended March. 31, compared with analysts' average estimates of 15 cents per share, according to LSEG data. Weyerhaeuser owns or controls about 10.5 million acres of timberlands in the United States and manages additional timberlands under long-term licenses in Canada. It expects higher sales volumes, slightly lower log costs, and moderately lower unit manufacturing costs in the s
Show less
Read more
Impact Snapshot
Event Time:
WY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WY alerts
High impacting Weyerhaeuser Company news events
Weekly update
A roundup of the hottest topics
WY
News
- Weyerhaeuser Company (NYSE:WY) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Weyerhaeuser (NYSE: WY) had its price target lowered by analysts at Royal Bank of Canada from $38.00 to $37.00. They now have an "outperform" rating on the stock.MarketBeat
- Weyerhaeuser's (WY) Shares Up on Q1 Earnings Beat, Net Sales Lag [Yahoo! Finance]Yahoo! Finance
- Weyerhaeuser (WY) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates [Yahoo! Finance]Yahoo! Finance
- Weyerhaeuser (WY) Tops Q1 Earnings Estimates [Yahoo! Finance]Yahoo! Finance
WY
Earnings
- 4/25/24 - Beat
WY
Sec Filings
- 4/26/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 3/28/24 - Form 144
- WY's page on the SEC website