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Weyerhaeuser's (WY) Q2 Earnings Beat Estimates, Sales Miss
Weyerhaeuser Company WY reported mixed second-quarter 2019 results, wherein earnings surpassed the Zacks Consensus Estimate, while net sales missed the same.
The company’s reported earnings (before special items) of 16 cents topped the consensus mark of 10 cents by 60%. However, the bottom line was significantly down from the year-ago figure of 44 cents. The company has been facing volatility in various markets served and weather-related challenges.
Net sales during the quarter came in at $1,692 million, missing the consensus mark of $1,728 million by 2.1%. Also, the reported figure was down 18.1% from $2,065 million in the prior-year quarter. Its two major segments reported significantly lower net sales on a year-over-year basis.
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https://finance.yahoo.com/news/weyerhaeu...03315.html
![[Bild: WYc1dl1713.png]](https://finviz.com/publish/072619/WYc1dl1713.png)
Weyerhaeuser Company WY reported mixed second-quarter 2019 results, wherein earnings surpassed the Zacks Consensus Estimate, while net sales missed the same.
The company’s reported earnings (before special items) of 16 cents topped the consensus mark of 10 cents by 60%. However, the bottom line was significantly down from the year-ago figure of 44 cents. The company has been facing volatility in various markets served and weather-related challenges.
Net sales during the quarter came in at $1,692 million, missing the consensus mark of $1,728 million by 2.1%. Also, the reported figure was down 18.1% from $2,065 million in the prior-year quarter. Its two major segments reported significantly lower net sales on a year-over-year basis.
...
https://finance.yahoo.com/news/weyerhaeu...03315.html
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