Weyerhaeuser: Q4 Earnings Snapshot


Weyerhaeuser: Q4 Earnings Snapshot

SEATTLE (AP) -- SEATTLE (AP) -- Weyerhaeuser Co. (WY) on Thursday reported fourth-quarter profit of $81 million.

On a per-share basis, the Seattle-based company said it had profit of 11 cents.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.

The timber and paper products company posted revenue of $1.71 billion in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $1.74 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WY at https://www.zacks.com/ap/WY

Previous articleNext article

POPULAR CATEGORY

corporate

12286

tech

11464

entertainment

15252

research

7035

misc

16117

wellness

12376

athletics

16146