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Weyerhaeuser (IT:1WY)
MILAN:1WY
Holding IT:1WY?
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Earnings Data
Report Date
Jan 30, 2025After Close Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
€0.05Last Year’s EPS
€0.15Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 24, 2024
|% Change Since: -8.54%
|Next Earnings Date:Jan 30, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While there were positive developments in timberland acquisitions, financial stability, and progress in renewable and climate initiatives, the company faced significant challenges in timberland earnings, wood products, and export markets due to unfavorable market conditions.Company Guidance
During the Weyerhaeuser third-quarter 2024 earnings call, the company reported GAAP earnings of $28 million, or $0.04 per diluted share, and net sales of $1.7 billion. Excluding a special item, earnings were $35 million, or $0.05 per diluted share. The adjusted EBITDA for the quarter was $236 million. The Timberlands segment contributed $57 million to earnings, with adjusted EBITDA of $122 million, reflecting a $25 million decrease from the previous quarter due to lower sales realizations and volumes in the West. Meanwhile, the Real Estate, Energy, and Natural Resources segment reported $51 million in earnings, with adjusted EBITDA of $77 million, a $25 million decrease from the second quarter. The Wood Products segment, excluding a special item, contributed $37 million to earnings, with adjusted EBITDA of $91 million, marking a $134 million decrease from the prior quarter due to lower product pricing and sales volumes. Looking forward, Weyerhaeuser anticipates a constructive outlook for market conditions into 2025, with expectations of improved lumber pricing and demand, particularly benefiting from their strategic timberland acquisitions and operational efficiencies.Alabama Timberland Acquisitions
Completed acquisitions totaling approximately 84,000 acres for $244 million, showing progress towards the multiyear timberlands growth target.
Strong Financial Position
Weyerhaeuser ended the quarter with just under $900 million of cash and maintained a strong balance sheet, enabling continued investment and shareholder returns.
Natural Climate Solutions Progress
Expected approval for two forest carbon projects in the U.S. South, potentially generating over 100,000 credits, with several additional projects in the pipeline.
Renewables Expansion
Three solar developments under construction, with two new wind projects expected to come online soon, expanding the wind portfolio from six to eight active sites.
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IT:1WY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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IT:1WY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 24, 2024 | €29.45 | €29.28 | -0.57% |
| Jul 25, 2024 | €27.67 | €28.25 | +2.07% |
| Apr 25, 2024 | €28.62 | €28.48 | -0.51% |
| Jan 25, 2024 | €29.99 | €29.53 | -1.52% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Weyerhaeuser (IT:1WY) report earnings?
Weyerhaeuser (IT:1WY) is schdueled to report earning on Jan 30, 2025, After Close Not Confirmed.
What is Weyerhaeuser (IT:1WY) earnings time?
Weyerhaeuser (IT:1WY) earnings time is at Jan 30, 2025, After Close Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Weyerhaeuser stock?
The P/E ratio of Weyerhaeuser is 39.7.
What is IT:1WY EPS forecast?
IT:1WY EPS forecast for the fiscal quarter 2024 (Q4) is €0.05.
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