Weyerhaeuser Anticipates Q1 Earnings Will Be Comparable To Q4 And Adj. EBITDA Will Be ~$15M Higher Than Q4 Due To Timing And Mix Of Real Estate Sales
Portfolio Pulse from Benzinga Newsdesk
Weyerhaeuser expects its Q1 earnings to be similar to Q4, with an anticipated increase in adjusted EBITDA of approximately $15M, attributed to the timing and mix of its real estate sales.
January 25, 2024 | 9:36 pm
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Weyerhaeuser expects Q1 earnings to be in line with Q4 results, with adjusted EBITDA to be around $15M higher, driven by real estate sales.
The news indicates a positive outlook for Weyerhaeuser's Q1 earnings, suggesting stability in the company's performance. The specific mention of a $15M increase in adjusted EBITDA due to real estate sales is likely to be viewed favorably by investors, potentially leading to a short-term positive impact on the stock price.
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