DA Davidson Downgrades Weyerhaeuser (WY) to Neutral

Go back to DA Davidson Downgrades Weyerhaeuser (WY) to Neutral

Weyerhaeuser Reports Second Quarter Results

August 5, 2016 3:05 AM EDT

FEDERAL WAY, Wash., Aug. 5, 2016 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today reported second quarter net earnings to common shareholders of $157 million, or $0.21 per diluted share, on net sales from continuing operations of $1.7 billion. This compares with net earnings of $133 million, or $0.26 per diluted share, on net sales from continuing operations of $1.3 billion for the same period last year.

Second quarter results include after-tax earnings of $38 million from... More