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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.
Revenue by Segment
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.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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