trending Market Intelligence /marketintelligence/en/news-insights/trending/robbflgoi0snxgzsx6f4kw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Weyerhaeuser Q2 profit soars YOY

Commercial Real Estate: 2020 Review

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Weyerhaeuser Q2 profit soars YOY

Weyerhaeuser Co. said its second-quarter net earnings came to 42 cents per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 43 cents per share.

The year-ago EPS was 3 cents.

Net earnings totaled $317 million, compared to $24 million in the year-earlier period. The company noted that the 2017 second-quarter results included, among other things, $147 million of impairment charges related to its Uruguayan operations and $50 million for product remediation.

Net earnings before special items rose 56.6% year over year to $332 million, or 44 cents per share, from $212 million, or 28 cents per share.