Investment Bank Analyst Downgrades Weyerhaeuser
Weyerhaeuser (NYSE:WY) reported Q1 EPS of $1.31, $0.36 better than the analyst estimate of $0.95. Revenue for the quarter came in at $3.1 billion versus the consensus estimate of...
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Weyerhaeuser Company is a timber, land and forest products company. The Company owns or controls approximately 11 million acres of timberlands in the United States and manages an additional 14.1 million acres of timberlands under long-term licenses in Canada. The Company's segments include Timberlands; Real Estate, Energy and Natural Resources (Real Estate & ENR), and Wood Products. The Timberlands segment offers logs, timber, recreational leases, and other products. The Real Estate & ENR segment includes sales of timberlands; rights to explore for and extract hard minerals, construction materials, natural gas production, wind and solar. The Wood Products segment consists of structural lumber, oriented strand board, engineered wood products and building materials distribution. The Company also transfers raw materials, semi-finished materials, and end products among its business segments. It operates approximately 35 manufacturing facilities in the United States and Canada.