Weyerhaeuser (WY) Tops Q1 EPS by 4c

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Weyerhaeuser reports first quarter results

April 28, 2017 3:05 AM EDT

SEATTLE, April 28, 2017 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today reported first quarter net earnings to common shareholders of $157 million, or 21 cents per diluted share, on net sales of $1.7 billion. This compares with earnings from continuing operations of $61 million, or 8 cents per diluted share, on net sales of $1.4 billion for the same period last year.

Excluding an after-tax special item of $10 million for merger-related costs,... More