Weyerhaeuser (WY) Misses Q4 EPS by 3c
Weyerhaeuser (NYSE: WY) reported Q4 EPS of $0.03, $0.03 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $1.55 billion versus the consensus estimate of $1.53 billion.
Q1 2020 Outlook:
Weyerhaeuser expects first quarter earnings and Adjusted EBITDA will be slightly higher than the fourth quarter. In the West, the company anticipates higher domestic and export log sales volumes, modestly higher average domestic log sales realizations and lower road spending. In the South, the company expects seasonally lower fee harvest volumes and average log sales realizations comparable with the fourth quarter average.
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