Weyerhaeuser (WY) Misses Q4 EPS by 1c
Weyerhaeuser (NYSE: WY) reported Q4 EPS of $0.10, $0.01 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $1.64 billion versus the consensus estimate of $1.69 billion.
"In 2018 we delivered strong results through a wide range of market conditions, generating over $2 billion of Adjusted EBITDA, returning nearly $1.4 billion to shareholders through dividends and share repurchases, and significantly reducing our pension liabilities," said Devin W. Stockfish, president and chief executive officer. "Entering 2019, U.S. economic fundamentals remain strong and we expect continued growth in U.S. housing. We remain focused on driving value for shareholders through operational excellence and disciplined capital allocation."
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