NYSE$WY
Weyerhaeuser Co · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Weyerhaeuser's third quarter earnings were reported.
Weyerhaeuser reported third quarter net earnings of $310 million, or 42 cents per diluted share, on net sales of $2.3 billion. Adjusted EBITDA for the third quarter of 2022 was $583 million.
- Achieved net earnings of $310 million, or $0.42 per diluted share
- Generated $583 million of Adjusted EBITDA
- Net sales were $2.3 billion.
- Repurchased $404 million of common shares year to date, through the third quarter
Headline financials
Revenue & EPS history
Weyerhaeuser · Revenue · Quarterly
$2.28B
Revenue by segment
Weyerhaeuser · $2.41B total across 3 segments · Q3 2022
- Wood Products$1.77B-4.6%73.3%
- Timberlands$574M+4.0%23.8%
- Real Estate, Energy & Natural Resources$68M-1.4%2.8%
Forward guidance
Weyerhaeuser anticipates fourth quarter earnings and Adjusted EBITDA will be lower than third quarter 2022.
Tailwinds
- For oriented strand board, the company anticipates slightly higher sales volumes.
- For oriented strand board, the company anticipates comparable fiber costs.
- For oriented strand board, the company anticipates significantly lower unit manufacturing costs due to less downtime for planned annual maintenance.
- For lumber, the company expects significantly lower log costs.
- Sales volumes and realizations are expected to be lower for most engineered wood products, partially offset by significantly lower raw material costs, primarily for oriented strand board webstock.
Headwinds
- In the West, the company expects lower fee harvest and sales volumes resulting from the work stoppage.
- Sales realizations are expected to be significantly lower due to softening demand.
- For lumber, the company expects lower sales volumes resulting from the work stoppage at our mills in Washington and Oregon.
- For distribution, the company expects lower sales volumes and realizations for most products.
- Weyerhaeuser anticipates fourth quarter earnings and Adjusted EBITDA will be lower than third quarter 2022 due to the timing and mix of real estate sales, as well as lower royalty income from our Energy and Natural Resources business.
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 Q3 2022
-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
| Quarter | Report date | Reaction (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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