Weyerhaeuser reports Q1, 2024 net earnings of $114 million

By Weyerhaeuser Company
PR Newswire
April 25, 2024
Category: Finance & Economics
Region: United States, US West

SEATTLE — Weyerhaeuser reported first quarter net earnings of $114 million on net sales of $1.8 billion. This compares with net earnings of $151 million on net sales of $1.9 billion for the same period last year and net earnings of $219 million for fourth quarter 2023. There were no special items in first quarter 2024 or the same period last year. Net earnings before special items was $121 million for fourth quarter 2023. Adjusted EBITDA for first quarter 2024 was $352 million, compared with $395 million for the same period last year and $321 million for fourth quarter 2023. …Devin W. Stockfish, CEO said, “Weyerhaeuser anticipates second quarter earnings and Adjusted EBITDA will be slightly higher than the first quarter.”

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