Weyerhaeuser Q3 2024 Adj. EPS $0.04 Beats $0.01 Estimate, Sales $1.681B Miss $1.687B Estimate
Portfolio Pulse from Benzinga Newsdesk
Weyerhaeuser reported Q3 2024 earnings per share of $0.04, surpassing the analyst estimate of $0.01. However, sales were $1.681 billion, slightly below the expected $1.687 billion, marking a 16.86% decrease from the previous year.

October 24, 2024 | 8:16 pm
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Weyerhaeuser's Q3 2024 earnings per share exceeded expectations, but sales fell short and decreased significantly year-over-year.
The EPS beat suggests operational efficiency or cost management, which is positive. However, the sales miss and significant YoY decline indicate potential challenges in revenue generation. The mixed results may lead to neutral short-term stock movement as investors weigh the positive EPS against the negative sales performance.
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RELEVANCE 100