Weyerhaeuser (WY) Misses Q4 EPS by 2c Ex-Disc Ops and Items

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Go back to Weyerhaeuser (WY) Misses Q4 EPS by 2c Ex-Disc Ops and Items

Weyerhaeuser reports fourth quarter, full year results

February 3, 2017 3:05 AM EST

SEATTLE, Feb. 3, 2017 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today reported fourth quarter net earnings to common shareholders of $551 million, or 73 cents per diluted share, on net sales of $1.6 billion. This compares with net earnings of $59 million, or 11 cents per diluted share, on net sales of $1.3 billion for the same period last year.

Fourth quarter results include after-tax earnings of $489 million from discontinued operations, primarily consisting of gains from... More