Weyerhaeuser (WY) Tops Q1 EPS by 6c

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Weyerhaeuser Reports First Quarter Results

May 1, 2015 3:05 AM EDT

FEDERAL WAY, Wash., May 1, 2015 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today reported first quarter net earnings to common shareholders of $90 million, or 17 cents per diluted share, on net sales of $1.7 billion. This compares with net earnings of $183 million, or 31 cents per diluted share, on net sales from continuing operations of $1.7 billion for the same period last year.

Excluding after-tax charges of $9 million for special items, the company reported net earnings of $99 million, or 19 cents per diluted share for... More