Weyerhaeuser (NYSE:WY) will be posting its quarterly earnings results before the market opens on Friday, October 25th. Analysts expect Weyerhaeuser to post earnings of $0.12 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.
Weyerhaeuser (NYSE:WY) last announced its quarterly earnings results on Friday, July 26th. The real estate investment trust reported $0.16 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.06. Weyerhaeuser had a net margin of 0.01% and a return on equity of 5.47%. The firm had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.73 billion. During the same period last year, the business earned $0.44 EPS. Weyerhaeuser’s revenue for the quarter was down 20.4% compared to the same quarter last year. On average, analysts expect Weyerhaeuser to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of NYSE:WY opened at $29.13 on Wednesday. The company’s fifty day moving average price is $27.38 and its 200 day moving average price is $25.93. Weyerhaeuser has a 12 month low of $20.52 and a 12 month high of $29.25. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.39 and a quick ratio of 1.04. The firm has a market capitalization of $21.07 billion, a P/E ratio of 24.69, a P/E/G ratio of 10.52 and a beta of 1.67.
Several equities research analysts recently commented on the stock. ValuEngine upgraded shares of Weyerhaeuser from a “hold” rating to a “buy” rating in a research note on Wednesday, October 2nd. BMO Capital Markets set a $32.00 price target on shares of Weyerhaeuser and gave the stock a “buy” rating in a research note on Tuesday, September 17th. Finally, Royal Bank of Canada reiterated a “buy” rating on shares of Weyerhaeuser in a research note on Tuesday, September 17th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $32.67.
Weyerhaeuser Company Profile
Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control 12.2 million acres of timberlands in the U.S., and manage additional timberlands under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards.
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