Loading...
•
Sep 30, 2022
Weyerhaeuser Q3 2022 Earnings Report
Weyerhaeuser's third quarter earnings were reported.
Key Takeaways
Weyerhaeuser reported third quarter net earnings of $310 million, or 42 cents per diluted share, on net sales of $2.3 billion. Adjusted EBITDA for the third quarter of 2022 was $583 million.
Achieved net earnings of $310 million, or $0.42 per diluted share
Generated $583 million of Adjusted EBITDA
Net sales were $2.3 billion.
Repurchased $404 million of common shares year to date, through the third quarter
Revenue by Segment
Forward Guidance
Weyerhaeuser anticipates fourth quarter earnings and Adjusted EBITDA will be lower than third quarter 2022.
Positive Outlook
- For oriented strand board, the company anticipates slightly higher sales volumes.
- For oriented strand board, the company anticipates comparable fiber costs.
- For oriented strand board, the company anticipates significantly lower unit manufacturing costs due to less downtime for planned annual maintenance.
- For lumber, the company expects significantly lower log costs.
- Sales volumes and realizations are expected to be lower for most engineered wood products, partially offset by significantly lower raw material costs, primarily for oriented strand board webstock.
Challenges Ahead
- In the West, the company expects lower fee harvest and sales volumes resulting from the work stoppage.
- Sales realizations are expected to be significantly lower due to softening demand.
- For lumber, the company expects lower sales volumes resulting from the work stoppage at our mills in Washington and Oregon.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...