WY Stock Recent News

Weyerhaeuser (WY) is poised to benefit from housing improvement, operational excellence and more capital inflows for carbon/ESG-related projects.

Lumber prices are influenced by interest rates, which impact mortgage rates and new home construction. Weyerhaeuser Company is a real estate investment trust that benefits from stable to rising lumber demand. The new physical lumber futures contract aims to increase liquidity and reduce price volatility, but it has not achieved critical mass yet.

Webcast and conference call on January 26 at 7 a.m. PT (10 a.m.

Weyerhaeuser (WY) is set to have more than 870,000 acres of timberlands in North and South Carolina and approximately 1,190,000 in Mississippi.

Weyerhaeuser Company (NYSE:WY ) Q3 2023 Earnings Conference Call October 27, 2023 10:00 AM ET Company Participants Andy Taylor - Vice President of Investor Relations Devin Stockfish - President and CEO David Wold - Senior Vice President and Chief Financial Officer Conference Call Participants George Staphos - Bank of America Merrill Lynch Kurt Yinger - D.A. Davidson Anthony Pettinari - Citi Susan Maklari - Goldman Sachs Michael Roxland - Truist Securities Paul Quinn - RBC Capital Markets Mark Weintraub - Seaport Research Partners Ketan Mamtora - BMO Capital Markets Operator Greetings, and welcome to Weyerhaeuser Third Quarter 2023 Earnings Conference Call.

Weyerhaeuser's (WY) third-quarter 2023 results reflect lower year-over-year segmental results but improved sequential results. Operational disruptions and lower sales volumes hurt results.

The headline numbers for Weyerhaeuser (WY) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Weyerhaeuser's (WY) third-quarter results are likely to reflect weaker-than-expected contributions from the Timberlands and Wood Products segments.

Weyerhaeuser (WY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Timber REITs are trading at discounts to their asset value, presenting buying opportunities. Investment in timber REITs involves different segments with their own drivers and valuation methods. Housing construction is the largest driver of wood product demand, and the industry is currently undersupplied.