Weyerhaeuser said net earnings for Q1 2024 were $114 million (16 cents per diluted share) on net sales of $1.8 billion, and Adjusted EBITDA was $352 million. Net earnings were $151 million and Adjusted EBITDA was $395 million for the same period last year, and there were no special items in either period.

1. 01

   Weyerhaeuser said net earnings for Q1 2024 were $114 million (16 cents per diluted share) on net sales of $1.8 billion, and Adjusted EBITDA was $352 million. Net earnings were $151 million and Adjusted EBITDA was $395 million for the same period last year, and there were no special items in either period.

2. 02

   The company said Adjusted EBITDA for Q1 2024 was $352 million, up 10% from Q4 2023. For Q4 2023, Adjusted EBITDA was $321 million, net earnings were $219 million, and net earnings before special items were $121 million.

3. 03

   The company reported net contribution to pretax earnings of $80 million and Adjusted EBITDA of $144 million for Timberlands, $60 million and $94 million for Real Estate, Energy & Natural Resources, and $128 million and $184 million for Wood Products, all for Q1 2024.

4. 04

   Weyerhaeuser said it recorded Adjusted FAD of $45 million for Q1 2024, calculated as net cash from operations of $124 million less capital expenditures of $79 million. Adjusted FAD for the same period last year was $55 million.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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