Weyerhaeuser (WY) Tops Q1 EPS by 1c

Weyerhaeuser (NYSE: WY) reported Q1 EPS of $0.11, $0.01 better than the analyst estimate of $0.10. Revenue for the quarter came in at $1.64 billion versus the consensus estimate of $1.67 billion.

Weyerhaeuser anticipates higher second quarter earnings and Adjusted EBITDA compared with the first quarter. The company expects seasonally higher sales volumes and improved operating rates across all product lines.

For earnings history and earnings-related data on Weyerhaeuser (WY) click here.

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