WY Stock Recent News
WY LATEST HEADLINES
Weyerhaeuser (WY) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.21 per share a year ago.
Weyerhaeuser's (WY) first-quarter results are likely to reflect weaker-than-expected contributions from the Wood Products segment.
Webcast and conference call on April 26 at 7 a.m. PT (10 a.m.
Weyerhaeuser (WY) is set to gain from more capital inflows for carbon/ESG-related projects, operational excellence and housing improvement. Yet, high costs and lumber market swing hurt.
Timber pricing in the U.S. has not kept up with inflation due to oversupply, while lumber prices have risen significantly. Timber REITs have seen weak profitability from timber segments, but strong profit margins from wood products. The timber and timberland sector is transitioning from a decade of oversupply to long-term undersupply, driven by new sources of demand such as solar conversions and carbon capture.
Weyerhaeuser (WY) enters into an exclusive carbon sequestration exploration agreement with Lapis Energy for two years to focus on its climate solutions portfolio.
SEATTLE , Feb. 15, 2024 /PRNewswire/ -- Devin Stockfish, president and chief executive officer of Weyerhaeuser Company (NYSE: WY), will represent the company at two upcoming investor conferences. Stockfish is scheduled to present at the Raymond James 45th Annual Institutional Investors Conference in Orlando, Florida, on Monday, March 4, 2024, at 1:05 p.m.
Weyerhaeuser (WY) partners with Be Pro Be Proud, an initiative led by ASCC/AIA, to educate students on the available work opportunities in forestry and the forest products industry.
Weyerhaeuser's financial performance in 4Q23 was robust, generating $288 million in cash despite economic challenges. The company's focus on special dividends over consistent growth aligns with the volatile nature of the lumber industry. Signs of improvement in lumber market conditions and disciplined investments make Weyerhaeuser a promising prospect for investors, especially below $30.
Weyerhaeuser's (WY) Q4 results reflect lower fee harvest volumes in the West and a decline in domestic sales volumes.