NYSE$WY

Weyerhaeuser Co · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Weyerhaeuser reported record second quarter results, achieving record high Adjusted EBITDA and cash flow.

Weyerhaeuser reported record second quarter net earnings of $1.0 billion, or $1.37 per diluted share, on net sales of $3.1 billion. Adjusted EBITDA for the second quarter of 2021 was $1.6 billion. The company also generated record operating cash flow in the quarter and reduced long-term debt by another $225 million.

  • Achieved net earnings of $1.0 billion, or $1.37 per diluted share
  • Highest quarterly Adjusted EBITDA on record at $1.6 billion
  • Generated record cash flow from operations of over $1.3 billion
  • Outlook remains favorable for continued strength in residential construction

Headline financials

Total Revenue

$3.14B

Previous: $1.63B+92.8%
EPS (adj)

$1.37

Previous: $0.11+1145.5%
Capital Expenditures

-$181M

Previous: -$32M-465.6%
Free Cash Flow

$847M

Previous: $40M+2017.5%
Net Income

$1.03B

Previous: $72M+1327.8%
Operating Income

$1.43B

Previous: $243M+488.1%
Gross Profit

$1.56B

Previous: $348M+348.6%
Cash & Equivalents

$1.78B

Previous: $643M+176.4%
Total Assets

$17.8B

Previous: $16.3B+9.7%
Stock-Based Comp

$8M

No prior period

Revenue & EPS history

Weyerhaeuser · Revenue · Quarterly

$3.14B

Q2 2021+92.8%vs Q2 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Weyerhaeuser · $3.28B total across 3 segments · Q2 2021

  • Wood Products
    $2.63B+117.8%
  • Timberlands
    $541M+12.7%
  • Real Estate, Energy & Natural Resources
    $110M+69.2%

Forward guidance

Weyerhaeuser anticipates third quarter earnings and Adjusted EBITDA will be significantly lower than the second quarter.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

-1.0%

Avg return

Earnings day

-0.9%

Avg return

5 days after

-1.4%

Avg return

30 days after

39%

27 / 69 earnings

Positive

+6.7%

Q4 2021

Best reaction

-18.7%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.0%-2.0%+0.1%
Q4 2025-0.3%+3.0%-5.4%
Q3 2025-4.2%-4.4%-5.5%
Q2 2025-1.7%-1.1%-5.3%
Q1 2025-2.7%+1.6%-1.1%
Q4 2024-1.1%-2.0%-2.8%
Q3 2024-0.2%-3.0%-1.9%
Q2 2024+5.8%+6.3%+5.0%
Q1 2024-1.6%-4.3%-4.2%
Q4 2023-0.1%-0.1%+0.8%
Q3 2023+0.0%+0.3%+11.6%
Q2 2023-2.1%-1.2%-5.1%
Q1 2023+2.5%-0.4%-3.2%
Q4 2022+4.8%+5.1%-5.7%
Q3 2022+0.5%-1.8%+4.4%
Q2 2022+1.5%-2.3%-2.7%
Q1 2022-4.4%+0.8%-3.7%
Q4 2021+6.7%+9.4%+3.5%
Q3 2021+1.6%+5.1%+5.5%
Q2 2021-1.8%-2.3%+3.2%
Q1 2021-0.7%-2.7%-4.2%
Q4 2020-3.0%+2.9%+2.6%
Q3 2020-1.0%+0.2%+1.1%
Q2 2020-1.4%-0.2%+8.8%
Q1 2020-18.7%-16.6%-7.7%
Q4 2019-6.2%-3.8%-13.6%
Q3 2019+0.8%+3.1%-0.5%
Q2 2019+3.1%+1.4%+0.2%
Q1 2019+0.8%+1.4%-12.4%
Q4 2018-0.3%+0.1%-4.7%
Q3 2018-8.7%-8.0%-9.1%
Q2 2018-2.3%-2.4%-0.1%
Q1 2018+0.4%-0.3%+0.8%
Q4 2017-6.4%-7.1%-6.8%
Q3 2017+2.1%+2.7%+3.7%
Q2 2017-3.5%-5.4%-7.4%
Q1 2017-3.1%-4.1%-4.8%
Q4 2016-0.1%+3.1%+8.6%
Q3 2016-1.7%-5.4%+5.1%
Q2 2016-0.9%+0.2%-2.5%
Q1 2016-1.9%
Q4 2015-9.1%
Q3 2015+5.4%
Q2 2015+1.2%
Q1 2015+0.3%
Q4 2014-0.5%
Q3 2014+2.2%
Q2 2014+0.9%
Q1 2014+3.7%
Q4 2013-4.5%
Q3 2013+3.4%
Q2 2013-3.9%
Q1 2013-3.0%
Q4 2011-2.8%
Q4 2012-4.6%
Q3 2012+1.4%
Q2 2012+2.6%
Q1 2012-2.5%
Q3 2011-1.8%
Q2 2011-8.4%
Q1 2011+2.1%
Q4 2010+1.9%
Q3 2010+4.7%
Q2 2010-1.3%
Q4 2009-1.3%
Q1 2009+4.4%
Q1 2010+0.8%
Q4 2008-7.1%
Q2 2009-7.1%

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