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Weyerhaeuser: Q1 Earnings Insights

  Weyerhaeuser (NYSE:WY) reported its Q1 earnings results on Friday, April 29, 2022 at 03:05 AM. Here's what investors need to know about the announcement.

Benzinga · 04/29/2022 04:36

 

Weyerhaeuser (NYSE:WY) reported its Q1 earnings results on Friday, April 29, 2022 at 03:05 AM.

Here's what investors need to know about the announcement.

Earnings

Weyerhaeuser beat estimated earnings by 10.08%, reporting an EPS of $1.31 versus an estimate of $1.19.

Revenue was up $606.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 4.65% increase in the share price the next day.

Here's a look at Weyerhaeuser's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.46 0.57 1.38 0.91
EPS Actual 0.49 0.60 1.37 0.91
Revenue Estimate 2.15B 2.33B 3.07B 2.52B
Revenue Actual 2.21B 2.35B 3.14B 2.51B

To track all earnings releases for Weyerhaeuser VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.