NYSE$WY

Weyerhaeuser Co · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Weyerhaeuser reported fourth quarter results with net earnings of $81 million and net sales of $1.7 billion.

Weyerhaeuser's Q4 2024 performance showed net earnings of $81 million on net sales of $1.7 billion. The company's Adjusted EBITDA was $294 million for the quarter. For the full year 2024, Weyerhaeuser reported net earnings of $396 million on net sales of $7.1 billion.

  • Generated full year net earnings of $396 million and Adjusted EBITDA of $1.3 billion.
  • Returned $735 million in total cash back to shareholders based on 2024 results and actions, including $153 million of share repurchase completed in 2024.
  • Received approval for company’s second forest carbon project and monetized approximately 50,000 credits in the fourth quarter.
  • Announced strategic investment to build new engineered wood products facility in Arkansas.

Headline financials

Total Revenue

$1.71B

Previous: $1.77B-3.7%
EPS (adj)

$0.11

Previous: $0.16-31.3%
Adjusted EBITDA

$294M

No prior period
Net Cash from Operations

$218M

No prior period
Adjusted FAD

$69M

No prior period
Weighted Average Shares Outstanding, Diluted

728.0M

No prior period
Capital Expenditures

$149M

No prior period
Net Income

$81M

Previous: $219M-63.0%
Operating Income

$141M

Previous: $278M-49.3%

Revenue & EPS history

Weyerhaeuser · Revenue · Quarterly

$1.71B

Q4 2024-3.7%vs Q4 2023
Beat estimate in 4 of 15 quarters(27%)
ActualEstimate

Revenue by segment

Weyerhaeuser · $2.16B total across 3 segments · Q3 2023

  • Wood Products
    $1.54B-13.0%
  • Timberlands
    $521M-9.2%
  • Real Estate, Energy & Natural Resources
    $105M+54.4%

Forward guidance

Weyerhaeuser anticipates first quarter earnings before special items and Adjusted EBITDA will be approximately $20 million higher than the fourth quarter.

Tailwinds

  • For lumber, the company expects higher sales volumes, slightly higher log costs, and lower unit manufacturing costs.
  • For oriented strand board, the company anticipates moderately higher sales volumes and slightly higher fiber and unit manufacturing costs.
  • For engineered wood products, the company expects slightly higher sales volumes, comparable sales realizations, and slightly higher raw material costs, primarily for oriented strand board webstock.
  • For distribution, the company anticipates slightly higher results compared to the fourth quarter.
  • In the West, the company expects fee harvest volumes and per unit log and haul costs to be slightly higher. Sales volumes and realizations are expected to be moderately higher, primarily for domestic logs. Forestry and road costs are expected to be seasonally lower.

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 Q4 2024

Historical avgQ4 2024

-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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