Weyerhaeuser Co expected to post earnings of 1 cent a share - Earnings Preview

Weyerhaeuser

23/10/2024 05:02

* Weyerhaeuser Co  WY.N   WY  is expected to show a fall in
quarterly revenue when it reports  results on October 24 for the
period ending September 30 2024
    * The Seattle Washington-based  company is expected to
report a
16.6% decrease in revenue to $1.687 billion from $2.02 billion a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Weyerhaeuser Co is for
earnings of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for
Weyerhaeuser Co
is 38.00​, above​ its last closing price of $31.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.19        0.21       0.21      Met     -0.1
 Mar. 31 2024  0.15                   0.16              7.4
 Dec. 31 2023  0.13        0.17       0.16      Missed  -4.8​
 Sep. 30 2023  0.33        0.34       0.33      Missed  -1.8
 ​​Jun.        0.20        0.21       0.32      Beat    53.4
 30 2023                                                
 Jan. 1 0001   0.11        0.11       0.21      Beat    83.9​
 Jan. 1 0001   0.17        0.18       0.24      Beat    36
 Jan. 1 0001   0.36        0.37       0.42      Beat    12.5
 This summary was machine generated October 23 at 04:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)