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Industrial Goods | Lumber, Wood Production | USA
Weyerhaeuser's (WY) Q1 Earnings In Line, Sales Lag, Down Y/Y
Weyerhaeuser Company (WY - Free Report) reported first-quarter 2019 results, wherein earnings met the Zacks Consensus Estimate, while net sales missed the same. Adjusted earnings (before special items) of 11 cents were in line with the consensus mark but decreased 69.4% from the year-ago figure of 36 cents. The company has been witnessing unfavorable average sales realizations for oriented strand board, domestic and export logs, and lower volumes.
Revenue Discussion
In the quarter under review, Weyerhaeuser’s net sales of $1,643 million missed the consensus mark of $1,733 million by 5.2%. Also, the reported figure was down 11.9% from $1,865 million in the prior-year quarter.
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https://www.zacks.com/stock/news/404417/...txt-404417
![[Bild: WYc1dl1845.png]](https://finviz.com/publish/042619/WYc1dl1845.png)
Weyerhaeuser's (WY) Q1 Earnings In Line, Sales Lag, Down Y/Y
Weyerhaeuser Company (WY - Free Report) reported first-quarter 2019 results, wherein earnings met the Zacks Consensus Estimate, while net sales missed the same. Adjusted earnings (before special items) of 11 cents were in line with the consensus mark but decreased 69.4% from the year-ago figure of 36 cents. The company has been witnessing unfavorable average sales realizations for oriented strand board, domestic and export logs, and lower volumes.
Revenue Discussion
In the quarter under review, Weyerhaeuser’s net sales of $1,643 million missed the consensus mark of $1,733 million by 5.2%. Also, the reported figure was down 11.9% from $1,865 million in the prior-year quarter.
...
https://www.zacks.com/stock/news/404417/...txt-404417
