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SEATTLE - Weyerhaeuser Company (NYSE:WY) reported fourth quarter 2024 earnings that surpassed analyst expectations, while revenue fell just short of estimates.
The timber and wood products company posted adjusted earnings per share (EPS) of $0.11, beating the analyst consensus of $0.05 by $0.06.
Revenue for the quarter came in at $1.71 billion, slightly below the $1.72 billion analysts had projected. The company did not provide a year-over-year comparison for revenue in the press release.
As one of the world’s largest private owners of timberlands, Weyerhaeuser controls approximately 10.4 million acres in the U.S. and manages additional public timberlands in Canada. The company also manufactures wood products and operates other business lines including product distribution, climate solutions, and real estate.
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