Weyerhaeuser

Weyerhaeuser (NYSE:WY) Q2 Adjusted Net Earnings, Sales Fall

Weyerhaeuser (NYSE:WY) reported Q2 adjusted net earnings  of $0.32 per diluted share, down from $1.06 per share a year earlier. Analysts polled by Capital IQ expected normalized EPS of $0.21. Net sales for the quarter ended June 30 fell to $2 billion from $2.97 billion a year earlier. Analysts’ estimate was $2.02 billion.

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