Weyerhaeuser (WY) Tops Q1 EPS by 9c

Weyerhaeuser (NYSE: WY) reported Q1 EPS of $0.21, $0.09 better than the analyst estimate of $0.12. Revenue for the quarter came in at $1.88 billion versus the consensus estimate of $1.85 billion.

GUIDANCE:

Q2 2023 Outlook – Weyerhaeuser anticipates second quarter earnings will be comparable to the first quarter and Adjusted EBITDA will be approximately $20 million lower than the first quarter due to the timing and mix of real estate sales.

For earnings history and earnings-related data on Weyerhaeuser (WY) click here.

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