Benzinga | Jul 29, 2021 10:40AM EDT

Earnings Preview For Weyerhaeuser

On Friday, July 30, Weyerhaeuser (NYSE:WY) will release its latest earnings report. Here is Benzinga's outlook for the company.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street analysts see Weyerhaeuser reporting earnings of $1.38 per share on sales of $3.07 billion. Weyerhaeuser reported a profit of $0.11 per share when it published results during the same quarter last year. Sales in that period totaled $1.63 billion.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The analyst consensus estimate would represent a 1154.55% increase in the company's earnings. Sales would be up 88.23% from the same quarter last year. Here is how the company's reported EPS has compared to analyst estimates in the past: Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020EPS Estimate 0.91 0.46 0.47 0EPS Actual 0.91 0.48 0.52 0.11Revenue Estimate 2.52 B 1.92 B 2.07 B 1.42 BRevenue Actual 2.51 B 2.06 B 2.11 B 1.63 B

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Shares of Weyerhaeuser were trading at $34.37 as of July 28. Over the last 52-week period, shares are up 24.81%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Weyerhaeuser is scheduled to hold the call at 10:00:00 ET and can be accessed here.