Weyerhaeuser (WY) reported $1.8 billion in income for the quarter ended March 2024, representing a year-over-year decline of 4.5%. EPS of $0.16 for a similar interval compares to $0.21 a yr in the past.
The reported income compares to the Zacks Consensus Estimate of $1.84 billion, representing a shock of -2.27%. The corporate delivered an EPS shock of +6.67%, with the consensus EPS estimate being $0.15.
Whereas traders scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher challenge a inventory’s value efficiency.
Right here is how Weyerhaeuser carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Wooden Merchandise Section- Oriented Strand Board (sq. toes 3/8′)- Third celebration web gross sales: $255 million versus $253.03 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +22.6% change.
- Wooden Merchandise Section- Structural lumber- Third celebration web gross sales: $464 million versus $472.21 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a -9.9% change.
- Income- Wooden Merchandise: $1.30 billion versus the two-analyst common estimate of $1.35 billion. The reported quantity represents a year-over-year change of -1.2%.
- Income- Actual Property & ENR: $107 million in comparison with the $91.71 million common estimate based mostly on two analysts. The reported quantity represents a change of +5.9% yr over yr.
- Income- Timberlands: $521 million versus the two-analyst common estimate of $476.24 million. The reported quantity represents a year-over-year change of -13.7%.
- Adjusted EBITDA- Timberlands: $144 million in comparison with the $143.77 million common estimate based mostly on two analysts.
- Adjusted EBITDA- Wooden Merchandise: $184 million versus the two-analyst common estimate of $177.63 million.
- Adjusted EBITDA- Unallocated Gadgets: -$70 million versus the two-analyst common estimate of -$48.44 million.
- Complete Wooden Merchandise- OI- GAAP: $128 million versus $124.62 million estimated by two analysts on common.
- Complete Timberlands- OI- GAAP: $80 million versus $79.71 million estimated by two analysts on common.
- Complete Actual Property & ENR- OI- GAAP: $60 million in comparison with the $49.15 million common estimate based mostly on two analysts.
- Adjusted EBITDA- Actual Property & ENR: $94 million versus $78.23 million estimated by two analysts on common.
View all Key Company Metrics for Weyerhaeuser here>>>
Shares of Weyerhaeuser have returned -12.2% over the previous month versus the Zacks S&P 500 composite’s -3% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it may carry out according to the broader market within the close to time period.
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