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Dec 31, 2023
Weyerhaeuser Q4 2023 Earnings Report
Weyerhaeuser reported Q4 2023 earnings with net earnings of $219 million and strategic transactions completed in Southern Timberlands.
Key Takeaways
Weyerhaeuser reported Q4 2023 net earnings of $219 million, or 30 cents per diluted share, on net sales of $1.8 billion. The company completed strategic transactions in its Southern Timberlands portfolio during the quarter.
Net earnings for Q4 2023 were $219 million, or 30 cents per diluted share.
Net sales for Q4 2023 reached $1.8 billion.
Adjusted EBITDA for Q4 2023 was $321 million.
Strategic transactions were completed in the Southern Timberlands portfolio.
Weyerhaeuser
Weyerhaeuser
Weyerhaeuser Revenue by Segment
Revenue by Segment
Timberlands Revenue
CapyFin.comReal Estate & ENR Revenue
CapyFin.comWood Products Revenue
CapyFin.com Forward Guidance
Weyerhaeuser anticipates first quarter earnings before special items and Adjusted EBITDA will be comparable to the fourth quarter.
Positive Outlook
- Moderately higher fee harvest volumes expected in the West.
- Significantly lower per unit log and haul costs expected in the West.
- Higher sales volumes expected for lumber.
- Slightly lower log costs expected for lumber.
- Moderately higher sales volumes expected for oriented strand board.
Challenges Ahead
- Sales realizations expected to be slightly lower in the West due to mix.
- Moderately lower fee harvest volumes expected in the South.
- Slightly higher fiber costs anticipated for oriented strand board.
- Slightly lower sales realizations expected for most engineered wood products.
- Moderately higher sales volumes expected, primarily for solid section products.
Revenue & Expenses
Visualization of income flow from segment revenue to net income