Weyerhaeuser (WY) Set to Announce Earnings on Friday

Weyerhaeuser (NYSE:WY) is scheduled to release its earnings data before the market opens on Friday, April 26th. Analysts expect Weyerhaeuser to post earnings of $0.13 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Weyerhaeuser (NYSE:WY) last announced its quarterly earnings data on Friday, February 1st. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01). The firm had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.71 billion. Weyerhaeuser had a return on equity of 9.80% and a net margin of 10.01%. The company’s quarterly revenue was down 10.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.31 earnings per share. On average, analysts expect Weyerhaeuser to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of Weyerhaeuser stock opened at $26.33 on Thursday. The stock has a market cap of $19.40 billion, a price-to-earnings ratio of 22.31, a PEG ratio of 6.40 and a beta of 1.66. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.63 and a current ratio of 0.83. Weyerhaeuser has a 12-month low of $20.52 and a 12-month high of $38.39.

In other news, insider Russell S. Hagen sold 8,000 shares of the firm’s stock in a transaction that occurred on Friday, February 1st. The shares were sold at an average price of $26.32, for a total value of $210,560.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 0.35% of the company’s stock.

A number of equities research analysts have recently weighed in on WY shares. ValuEngine upgraded shares of Weyerhaeuser from a “sell” rating to a “hold” rating in a research note on Monday, April 1st. Stephens upgraded shares of Weyerhaeuser from an “equal weight” rating to an “overweight” rating and set a $32.00 price target on the stock in a research note on Friday, April 5th. Seaport Global Securities started coverage on shares of Weyerhaeuser in a research note on Tuesday, April 2nd. They issued a “buy” rating on the stock. BMO Capital Markets upgraded shares of Weyerhaeuser from a “market perform” rating to an “outperform” rating and set a $32.00 price target on the stock in a research note on Monday, March 11th. Finally, Bank of America downgraded shares of Weyerhaeuser from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 2nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $33.10.

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Weyerhaeuser Company Profile

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control 12.2 million acres of timberlands in the U.S., and manage additional timberlands under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards.

See Also: Initial Public Offering (IPO)

Earnings History for Weyerhaeuser (NYSE:WY)

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