Latest news with #Weyerhaeuser
Yahoo
4 days ago
- Business
- Yahoo
Weyerhaeuser reports 50% drop in second-quarter profit on weak lumber demand
(Reuters) -U.S. timber company Weyerhaeuser reported a 50% drop in second-quarter profit on Thursday, hurt by continued weakness in commodity wood product pricing and softer demand across key end markets. Sales of new U.S. single-family homes fell by the most in nearly three years in May as high mortgage rates and rising economic uncertainty sapped demand, pushing the supply of unsold houses on the market to its highest level since late 2007. The company owns or controls about 10.5 million acres of timberlands primarily in the West, the South and the Northeast regions. The Seattle-based company's net sales fell 3% to $1.88 billion, but exceeded analysts' average estimate of $1.84 billion, according to data compiled by LSEG. Weyerhaeuser said its adjusted profit in the third quarter would be about $60 million lower than the second quarter. The company reported an adjusted profit of $87 million in the second quarter. The results come as the lumber industry braces for the impact of U.S. President Donald Trump's plans to impose 25% tariffs on imports from Canada. If imposed, total levies on Canadian lumber could reach as high as 40%, potentially driving up prices for domestic products. In March, Weyerhaeuser had said U.S. import tariffs could raise its costs for products and raw materials. The warnings were disclosed under the "risk factors" segment of the company's regulatory filing. The company also said there had been a slight pullback in lumber demand as tariff-related uncertainty weighed on homebuilder sentiment. The Seattle based company reported a profit of $87 million, or 12 cents per share in the quarter ended June 30, compared with $173 million, or 24 cents per share a year earlier. However, the firm narrowly beat analysts' expectations of a profit of 11 cents per share. Its shares were up marginally in aftermarket trading. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Weyerhaeuser reports 50% drop in second-quarter profit on weak lumber demand
(Reuters) -U.S. timber company Weyerhaeuser reported a 50% drop in second-quarter profit on Thursday, hurt by continued weakness in commodity wood product pricing and softer demand across key end markets. Sales of new U.S. single-family homes fell by the most in nearly three years in May as high mortgage rates and rising economic uncertainty sapped demand, pushing the supply of unsold houses on the market to its highest level since late 2007. The company owns or controls about 10.5 million acres of timberlands primarily in the West, the South and the Northeast regions. The Seattle-based company's net sales fell 3% to $1.88 billion, but exceeded analysts' average estimate of $1.84 billion, according to data compiled by LSEG. Weyerhaeuser said its adjusted profit in the third quarter would be about $60 million lower than the second quarter. The company reported an adjusted profit of $87 million in the second quarter. The results come as the lumber industry braces for the impact of U.S. President Donald Trump's plans to impose 25% tariffs on imports from Canada. If imposed, total levies on Canadian lumber could reach as high as 40%, potentially driving up prices for domestic products. In March, Weyerhaeuser had said U.S. import tariffs could raise its costs for products and raw materials. The warnings were disclosed under the "risk factors" segment of the company's regulatory filing. The company also said there had been a slight pullback in lumber demand as tariff-related uncertainty weighed on homebuilder sentiment. The Seattle based company reported a profit of $87 million, or 12 cents per share in the quarter ended June 30, compared with $173 million, or 24 cents per share a year earlier. However, the firm narrowly beat analysts' expectations of a profit of 11 cents per share. Its shares were up marginally in aftermarket trading.
Yahoo
4 days ago
- Business
- Yahoo
Weyerhaeuser Reports Second Quarter 2025 Results
SEATTLE, July 24, 2025 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today reported its second quarter 2025 financial results. The company's earnings release and associated materials are available on the Investors section of the company's website, In addition, the earnings release has been furnished on a Form 8-K with the U.S. Securities and Exchange Commission and is available at EARNINGS CALL INFORMATIONThe company will hold a live conference call at 7 a.m. Pacific (10 a.m. Eastern) on July 25, 2025, to discuss second quarter results. To access the live webcast and presentation, go to the Investors section on on July 25, 2025. To join the conference call from within North America, dial 877-407-0792 (access code: 13748397) at least 15 minutes prior to the call. Those calling from outside North America should dial 201-689-8263 (access code: 13748397). Replays will be available for two weeks at 844-512-2921 (access code: 13748397) from within North America, and at 412-317-6671 (access code: 13748397) from outside North America. ABOUT WEYERHAEUSERWeyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900 and today owns or controls approximately 10.4 million acres of timberlands in the U.S., as well as additional public timberlands managed under long-term licenses in Canada. Weyerhaeuser has been a global leader in sustainability for more than a century and manages 100 percent of its timberlands on a fully sustainable basis in compliance with internationally recognized sustainable forestry standards. Weyerhaeuser is also one of the largest manufacturers of wood products in North America and operates additional business lines around product distribution, climate solutions, real estate, energy and natural resources, among others. In 2024, the company generated $7.1 billion in net sales and employed approximately 9,400 people who serve customers worldwide. Operated as a real estate investment trust, Weyerhaeuser's common stock trades on the New York Stock Exchange under the symbol WY. Learn more at For more information contact:Analysts – Andy Taylor, 206-539-3907Media – Nancy Thompson, 919-861-0342 View original content to download multimedia: SOURCE Weyerhaeuser
Yahoo
6 days ago
- Business
- Yahoo
Here's What Investors Must Know Ahead of Weyerhaeuser's Q2 Earnings
Weyerhaeuser Company WY is slated to report second-quarter 2025 results on July 24, after the closing the last reported quarter, the company's adjusted earnings met the Zacks Consensus Estimate at 11 cents per share while net sales topped the same by 0.7%. Year over year, the top and bottom lines decreased 1.8% and 31.3%, earnings beat the consensus mark in two of the last four quarters, met on one occasion and missed on the remaining occasion, with the average surprise being 50.7%. How Are Estimates Placed for Weyerhaeuser? The Zacks Consensus Estimate for the to-be-reported quarter's earnings per share (EPS) has decreased to 12 cents from 15 cents over the past seven days. The estimated figure indicates a decrease of 42.9% from the year-ago level. Weyerhaeuser Company Price and EPS Surprise Weyerhaeuser Company price-eps-surprise | Weyerhaeuser Company Quote The consensus mark for net sales is pegged at $1.88 billion, indicating a 3% year-over-year decline. Factors Influencing WY's Q2 Results Weyerhaeuser's second-quarter 2025 performance is expected to have pulled back comparably year over year due to soft contributions from its Wood Products (which accounted for approximately 73% of first-quarter 2025 net sales) and Timberlands (21.7%) segments, somewhat offset by positive contributions from the Real Estate, Energy and Natural Resources (5.3%) June 26, 2025, Weyerhaeuser released its updated second-quarter 2025 outlook through the June investor concerning the Wood Products segment, it updated this segment's earnings and adjusted EBITDA guidance, which is now expected to be lower by approximately $20 million, sequentially, compared with the prior slightly higher expectation. The downward revision was mainly caused by a soft demand environment for most of the product categories. Moreover, higher-than-expected western log costs, manufacturing costs and raw material costs are likely to pressure the results, alongside a one-time cost impact from the fire at an MDF plant impacting Engineered Wood Products category. Our model predicts Wood Products segment's net sales to decline 4.4% year over year but grow 5.6% sequentially to $1.36 billion in the second quarter. Adjusted EBITDA is expected to decline 37.3% from a year ago and 12.4% sequentially to $141 Timberlands segment's second-quarter outlook was maintained by WY, with expectations of about $15 million lower earnings and adjusted EBITDA quarter over quarter. The company expects sales realizations to have been slightly lower due to unfavorable mix alongside higher per-unit log and haul costs in the South and West regions. Moreover, the margins are expected to have been pressured due to seasonally higher forestry and road costs. Nonetheless, expectations of higher fee harvest volumes from the West and South are likely to have eased the pressures to some expect the Timberlands segment's net sales to decline year over year by 2%, but increase 1.9% sequentially to $544 million. Adjusted EBITDA is expected to grow 3.3% from a year ago but decrease 9% sequentially to $151.9 expects Real Estate, Energy and Natural Resources segment's second-quarter earnings and adjusted EBITDA to be sequentially up by about $40 million and $50 million, respectively, primarily due to timing and sales mix in real model predicts the Real Estate, Energy and Natural Resources segment's net sales to be $136.4 million, up 25.1% year over year and 45.1% sequentially. Adjusted EBITDA is expected to be up 29.9% from a year ago and 61.6% sequentially to $132.5 million. What Our Model Unveils for WY Our proven model does not conclusively predict an earnings beat for Weyerhaeuser this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is not the case ESP: WY has an Earnings ESP of -18.10%. You can uncover the best stocks before they're reported with our Earnings ESP Rank: The company currently carries a Zacks Rank #4 (Sell).You can see the complete list of today's Zacks #1 Rank stocks here. Stocks With the Favorable Combination Here are some stocks from the Zacks Construction sector, which per our model, have the right combination of elements to deliver an earnings beat this time Services Corporation PRIM has an Earnings ESP of +5.33% and a Zacks Rank of company's earnings beat estimates in each of the last four quarters, the average surprise being 44.8%. Primoris Services' earnings for the second quarter of 2025 are expected to increase 1.9%.Masco Corporation MAS currently has an Earnings ESP of +2.61% and a Zacks Rank of company's earnings beat estimates in two of the last four quarters, met on one occasion and missed on the remaining occasion, the negative average surprise being 0.2%. Masco's earnings for the second quarter of 2025 are expected to tumble 10%.Armstrong World Industries, Inc. AWI currently has an Earnings ESP of +1.71% and a Zacks Rank of company's earnings beat estimates in each of the trailing four quarters, the average surprise being 6.5%. Armstrong World's earnings for the second quarter of 2025 are expected to increase 8%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Weyerhaeuser Company (WY) : Free Stock Analysis Report Masco Corporation (MAS) : Free Stock Analysis Report Armstrong World Industries, Inc. (AWI) : Free Stock Analysis Report Primoris Services Corporation (PRIM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
17-07-2025
- Business
- Business Insider
Weyerhaeuser (WY) Receives a Buy from RBC Capital
RBC Capital analyst Matt McKellar maintained a Buy rating on Weyerhaeuser yesterday and set a price target of $33.00. The company's shares closed yesterday at $25.90. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, McKellar is a 3-star analyst with an average return of 3.5% and a 44.19% success rate. McKellar covers the Basic Materials sector, focusing on stocks such as Clearwater Paper, Mercer International, and Rayonier Advanced Materials. In addition to RBC Capital, Weyerhaeuser also received a Buy from Bank of America Securities's George Staphos in a report issued on July 14. However, on July 15, Truist Financial maintained a Hold rating on Weyerhaeuser (NYSE: WY).
