Weyerhaeuser said net earnings for Q3 2024 were $28 million (4 cents per diluted share) on net sales of $1.7 billion. In the year-earlier period, net earnings were $239 million (33 cents per share) on net sales of $2.0 billion.

1. 01

   Weyerhaeuser said net earnings for Q3 2024 were $28 million (4 cents per diluted share) on net sales of $1.7 billion. In the year-earlier period, net earnings were $239 million (33 cents per share) on net sales of $2.0 billion.

2. 02

   The company said net earnings before special items were $35 million (5 cents per diluted share) for Q3. It also said the $7 million after-tax noncash impairment charge related to the indefinite curtailment of its New Bern lumber mill is a special item. Adjusted EBITDA was $236 million, compared with $509 million a year earlier and $410 million in Q2.

3. 03

   The company said Wood Products net sales for Q3 were $1,235 million, down from $1,421 million in Q2, and Adjusted EBITDA was $91 million, lower than $225 million in Q2. It explained that sales realizations for lumber and oriented strand board fell 4% and 25%, respectively, from Q2 averages.

4. 04

   Weyerhaeuser reported net cash from operations of $234 million, capital expenditures of $97 million and Adjusted FAD of $137 million for Q3 2024. For the year-to-date period through Q3 (Q3 YTD), net cash from operations was $790 million and Adjusted FAD was $498 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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