Free Post Earnings Research Report: Weyerhaeuser’s Earnings Soared 67%

Stock Monitor: Boise Cascade Post Earnings Reporting

LONDON, UK / ACCESSWIRE / May 23, 2018 / If you want access to our free earnings report on Weyerhaeuser Co. (NYSE: WY), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=WY. The Company reported its financial results on April 27, 2018, for the first quarter of the fiscal year 2018 (Q1 FY18). The Seattle-based Company surpassed market estimates for revenue and earnings. Additionally, the Company raised its guidance for the second quarter of the fiscal year 2018. Register today and get access to over 1,000 Free Research Reports by joining our site below:

www.active-investors.com/registration-sg

Active-Investors.com is currently working on the research report for Boise Cascade Company (NYSE: BCC), which also belongs to the Industrial Goods sector as the Company Weyerhaeuser. Do not miss out and become a member today for free to access this upcoming report at:

www.active-investors.com/registration-sg/?symbol=BCC

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Weyerhaeuser most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=WY

Earnings Highlights and Summary

During the first quarter of the fiscal year 2018, Weyerhaeuser’s sales increased 10% to $1.87 billion compared to $1.69 billion in Q1 FY17. The Company’s revenue numbers for the reported quarter exceeded market estimates of $1.79 billion.

For the reported quarter, Weyerhaeuser’s cost of sales grew 6% to $1.35 billion compared to $1.27 billion in the year-ago same period. The Company earned a gross profit of $517 million in the reported quarter compared to $421 million in Q1 FY17. The Company’s operating income increased 38% to $404 million in Q1 FY18 compared to $293 million in Q1 FY17.

Weyerhaeuser posted adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) of $544 million in Q1 FY18 compared to $454 million in Q1 FY17, increasing 20% on a y-o-y basis.

For Q1 FY18, Weyerhaeuser reported a net income of $269 million compared to $157 million in Q1 FY17, increasing 71% on a y-o-y basis. The Company’s earnings per share (EPS) jumped by 67% to $0.35 in the reported quarter versus $0.21 in the year-ago comparable period.

Weyerhaeuser reported EPS before adjusted special items of $0.36 in Q1 FY18 compared to $0.22 in Q1 FY17, surpassing market estimates of $0.33.

Segments Details

Weyerhaeuser operates through three business segments, namely (i) Timberlands; (ii) Real Estate & ENR; and (iii) Wood Products.

During Q1 FY18, Weyerhaeuser’s Timberlands segment generated net sales of $733 million compared to $688 million in Q1 FY17, increasing 6.5% on a y-o-y basis, primarily due to strong Western log sales. The segment’s adjusted EBITDA improved by 26% to $268 million in the reported quarter versus $242 million in the year-ago corresponding period.

Weyerhaeuser’s Real Estate & ENR segment’s sales decreased to $51 million in the reported quarter compared to $53 million in the year ago same period. The segment’s adjusted EBITDA declined to $41 million in Q1 FY18 compared to $43 million in Q1 FY17.

For the first quarter of the fiscal year 2018, Weyerhaeuser’s Wood Products segment’s sales grew by 13% to $1.31 billion in Q1 FY18 compared to $1.15 billion in Q1 FY17, primarily due to seasonally higher demand and improvement in operating rates. The segment reported its highest first quarter adjusted EBITDA of $286 million in Q1 FY18 compared to $207 million in Q1 FY17.

Cash Matters

As of March 31, 2018, Weyerhaeuser’s cash and cash equivalents stood at $598 million compared to $455 million as of March 31, 2017.

During Q1 FY18, Weyerhaeuser generated a net cash inflow from operating activities of $136 million compared to $37 million in Q1 FY17.

During Q1 FY18, Weyerhaeuser paid total dividends of $242 million.

Outlook

For the second quarter of the fiscal year 2018, Weyerhaeuser expects sequentially lower earnings and adjusted EBITDA from its Timberlands segment. The Company anticipates seasonally higher unit logging costs and increased road and forestry costs, which will be equalized by higher Western log sales realizations.

For its Real Estate & ENR segment, the Company anticipates earnings and adjusted EBITDA for Q2 FY18 to be equivalent to Q1 FY18. The Company expects the segment’s adjusted EBITDA to be roughly $250 million for FY18.

Weyerhaeuser expects higher earnings before special items and adjusted EBITDA from its Wood Products segment in Q2 FY18 compared to Q1 FY18. For the second quarter of the fiscal year 2018, the Company anticipates the segment to have seasonally higher sales volumes and improved operating rates. Weyerhaeuser expects higher sales realizations for lumber, engineered wood products, and oriented strand board, which will be counterbalanced by higher Western log costs.

Stock Performance Snapshot

May 22, 2018 – At Tuesday’s closing bell, Weyerhaeuser’s stock was slightly up 0.79%, ending the trading session at $37.11.

Volume traded for the day: 4.34 million shares, which was above the 3-month average volume of 4.07 million shares.

Stock performance in the last month – up 2.49%; previous three-month period – up 6.76%; past twelve-month period – up 12.01%; and year-to-date – up 5.25%

After yesterday’s close, Weyerhaeuser’s market cap was at $28.09 billion.

Price to Earnings (P/E) ratio was at 37.71.

The stock has a dividend yield of 3.45%.

The stock is part of the Industrial Goods sector, categorized under the Lumber, Wood Production industry.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com
Phone number: 73 29 92 6381
Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors

ReleaseID: 500585