WY
FY2026 Q1 · Calendar Q2 2026
Weyerhaeuser Company
Weyerhaeuser delivered a strong Q1 2026 with adjusted EBITDA of $308M, up 120% sequentially, and reported EPS of $0.11 beating the $0.059 consensus by 87%. The quarter was driven by higher lumber and OSB pricing, continued portfolio optimization ($214M in divestiture proceeds), and the launch of new proprietary products. Management maintained a confident tone and stable Q2 guidance, though cost headwinds from inflation and planned OSB outages are expected. A potential softwood lumber duty reduction from ~45% to ~35% around August could provide further margin tailwinds. Despite the beat, the stock fell 2.4% on an abnormal basis, suggesting the market remains skeptical about the durability of wood product margin gains and housing demand. At $23.50 versus a $29 consensus target, the stock trades at a ~19% discount to analyst expectations.
EPS surprise+87.4%
Market move-2.2%
