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Weyerhaeuser Co (WY) released earnings for its second quarter that advanced from last year.


RTTNews | Jul 30, 2021 03:12AM EDT

03:12 Friday, July 30, 2021 (RTTNews.com) - Weyerhaeuser Co (WY) released earnings for its second quarter that advanced from last year.

The company's bottom line totaled $681 million, or $0.91 per share. This compares with $77 million, or $0.11 per share, in last year's second quarter.

Analysts had expected the company to earn $1.38 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 92.6% to $3.14 billion from $1.63 billion last year.

Weyerhaeuser Co earnings at a glance:

-Earnings (Q2): $681 Mln. vs. $77 Mln. last year.-EPS (Q2): $0.91 vs. $0.11 last year.-Analysts Estimate: $1.38-Revenue (Q2): $3.14 Bln vs. $1.63 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3213990/weyerhaeuser-co-q2-income-climbs.aspx)

For comments and feedback: contact editorial@rttnews.com

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