Weyerhaeuser (WY) Reports In-Line Q1 EPS
Weyerhaeuser (NYSE: WY) reported Q1 EPS of $0.91, in-line with the analyst estimate of $0.91. Revenue for the quarter came in at $2.5 billion versus the consensus estimate of $2.52 billion.
Q2 2021 Outlook:
Weyerhaeuser anticipates second quarter earnings and Adjusted EBITDA will be moderately lower than first quarter 2021 due to the timing of real estate transactions. The company continues to expect full year 2021 Adjusted EBITDA for the segment will be approximately $255 million.
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