Analyst Consensus ?
ConsensusHold24 ratings
Bullish1458.3%
Neutral833.3%
Bearish28.4%
Weyerhaeuser Company · WY · FY2024 Q2 · Calendar Q3 2024
Weyerhaeuser faces softer Q3 outlook despite Q2 beat
The supplied analysis supports a mixed outlook: timberland acquisitions, housing-linked demand and Natural Climate Solutions provide longer-term growth avenues, but the lower Q3 outlook, planned production cuts and weak lumber conditions temper near-term earnings resilience.
Reported After market closeNYSEReal Estate
$14.05B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.21
Consensus $0.21
EPS surprise
0.0%
Reported versus consensus
Reported revenue
$1.94B
Consensus $1.96B
Revenue surprise
-1.1%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
+4.3%
Event window
SPY move
+1.1%
Same window
Abnormal move
+3.1%
Stock minus SPY
Volume
1.3×
Versus trailing sessions
Subsequent drift
-0.8%
Up to 20 sessions
WYSPY benchmark
Ask FN2 about WY FY2024 Q2
Transcript, numbers and history already loaded
Why did WY rise 4.3% after beating EPS estimates in FY2024 Q2?What changed in WY's guidance and outlook in FY2024 Q2?Give me the bull and bear case for WY after FY2024 Q2 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior quarter, the outlook became more cautious. Weyerhaeuser reported a Q2 beat and stronger adjusted EBITDA, but announced a New Bern curtailment, a 5–10% lumber production reduction for Q3 and a lower guidance sentiment. At the same time, the Alabama acquisition program and Natural Climate Solutions pipeline expanded.
Guidance delta
Guidance sentiment was lowered: management expected Q3 earnings and adjusted EBITDA to decline as Western sales soften, while planning a 5–10% lumber production reduction and an indefinite New Bern mill curtailment.
Key takeaways
- Q2 earnings beat expectations despite soft lumber pricing, with adjusted EBITDA up sequentially.
- The company spent $775 million toward a $1 billion timberland acquisition target by the end of 2025, including an 84,000-acre Alabama purchase.
- Natural Climate Solutions remain an emerging growth pillar through solar, carbon credits and mitigation banking.
- Management cited continued capital returns, including share repurchases and modest dividend increases.
Management priorities
- Complete remaining Alabama timberland transactions and pursue additional strategic acquisitions.
- Optimize the mill portfolio, including the New Bern wind-down and efficiency improvements.
- Bring solar projects online in the back half of 2024 and scale carbon-credit generation.
- Continue share repurchases and modest dividend increases.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$19.58Current
$25Low
$33.19Average
$45High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 27, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| RBC Capital | Outperform | Outperform | Maintain | Oct 16, 2026 |
| B of A Securities | Buy | Neutral | Upgrade | Oct 14, 2026 |
| Truist Securities | Hold | Hold | Maintain | Oct 12, 2026 |
| Citigroup | Buy | Buy | Maintain | Oct 5, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | Sep 3, 2026 |
| Raymond James | Strong Buy | Outperform | Upgrade | Jul 10, 2026 |
| DA Davidson | Buy | Buy | Maintain | Jun 30, 2026 |
| CIBC | Outperform | Outperform | Maintain | Dec 12, 2025 |
| BMO Capital | Outperform | Market Perform | Upgrade | Dec 6, 2024 |
| Argus Research | Hold | Buy | Downgrade | Jul 20, 2022 |
| Goldman Sachs | Buy | Buy | Maintain | Jun 23, 2022 |
| Stephens & Co. | Equal Weight | Overweight | Downgrade | May 3, 2021 |
| Scotiabank | Sector Perform | Sector Perform | Maintain | Jul 9, 2020 |
| Seaport Global | Buy | Buy | Maintain | Jan 23, 2019 |
| Bank of America | Neutral | Buy | Downgrade | Jan 2, 2019 |
| Argus | Buy | Buy | Maintain | Nov 20, 2018 |
| Dundee | Neutral | Buy | Downgrade | Aug 12, 2016 |
| Vertical Research | Hold | Buy | Downgrade | May 3, 2016 |
| CLSA | Outperform | Underperform | Upgrade | Nov 13, 2015 |
| UBS | Sell | Sell | Maintain | May 4, 2015 |
| Longbow Research | Buy | Neutral | Upgrade | Aug 20, 2013 |
| Deutsche Bank | Hold | Hold | Maintain | Jun 24, 2013 |
| Buckingham Research | Buy | Neutral | Upgrade | May 31, 2013 |
| McAdams Wright Ragen | Sell | Hold | Downgrade | Oct 31, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $19.58. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| RBC Capital | Analyst unavailable | $25 | $19.66 | +27.7% | Oct 16, 2026 |
| Seaport Global | Analyst unavailable | $30 | $18.5 | +53.2% | Oct 8, 2026 |
| Raymond James | Buck Horne | $30 | $22.5 | +53.2% | Jul 10, 2026 |
| CIBC | Analyst unavailable | $28 | $25.01 | +43.0% | Apr 23, 2026 |
| Truist Financial | Analyst unavailable | $29 | $25.92 | +48.1% | Feb 2, 2026 |
| Truist Financial | Analyst unavailable | $28 | $24.26 | +43.0% | Jan 6, 2026 |
| New Street | Hamir Patel | $28 | $23.41 | +43.0% | Dec 12, 2025 |
| Seaport Global | Analyst unavailable | $33 | $22.76 | +68.5% | Dec 10, 2025 |
| D.A. Davidson | Kurt Yinger | $31 | $23 | +58.3% | Nov 3, 2025 |
| RBC Capital | Matthew McKellar | $30 | $23 | +53.2% | Nov 3, 2025 |
| Truist Financial | Michael Roxland | $27 | $23.94 | +37.9% | Oct 13, 2025 |
| Truist Financial | Michael Roxland | $34 | $32.59 | +73.6% | Oct 15, 2024 |
| Goldman Sachs | Susan Maklari | $38 | $32.45 | +94.1% | Sep 16, 2024 |
| Citigroup | Anthony Pettinari | $36 | $31.27 | +83.9% | Jul 29, 2024 |
| RBC Capital | Matthew McKellar | $37 | $31.59 | +89.0% | Jul 29, 2024 |
| D.A. Davidson | Kurt Yinger | $36 | $31.5 | +83.9% | Jul 29, 2024 |
| Truist Financial | Michael Roxland | $31 | $31.6 | +58.3% | Jul 29, 2024 |
| BMO Capital | Mark Wilde | $38 | $35.61 | +94.1% | Mar 22, 2024 |
| BMO Capital | Analyst unavailable | $36 | $34.34 | +83.9% | Feb 6, 2023 |
| Raymond James | Analyst unavailable | $39 | $27.6 | +99.2% | Sep 29, 2022 |
| Raymond James | Analyst unavailable | $45 | $34.62 | +129.8% | Sep 12, 2022 |
| Goldman Sachs | Analyst unavailable | $41 | $33.26 | +109.4% | Jun 23, 2022 |
| D.A. Davidson | Kurt Yinger | $30 | $39.9 | +53.2% | Apr 18, 2022 |
| RBC Capital | Paul Quinn | $45 | $39.9 | +129.8% | Apr 14, 2022 |
Track every rating change on WY the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationEstablished in 1900, Weyerhaeuser Company holds a prominent global position as one of the largest private proprietors of timberlands. The company oversees or owns approximately 11 million acres of forested land in the United States, complemented by additional timberlands in Canada managed under long-term licenses. These extensive holdings are cultivated responsibly, in full compliance with internationally accepted sustainable forestry criteria. Beyond its land stewardship, Weyerhaeuser is also a leading producer of wood-based goods throughout North America. Operating as a real estate investment trust (REIT), the firm achieved net sales of $7.5 billion in 2020. Its approximately 9,400 employees cater to a worldwide customer base, and Weyerhaeuser's commitment to environmental, social, and governance principles is acknowledged by its inclusion in the Dow Jones Sustainability North America Index. The company's common stock is available for trading on the New York Stock Exchange under the ticker WY.
Historical context
All WY earningsReal Estate peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| RITM-PD Rithm Capital Corp. | FY2026 Q3 · Calendar Q4 2026 | +10.2% | — | Rithm highlights servicing, inflows and technology-led efficiency |
| CBRE CBRE Group, Inc. | FY2026 Q3 · Calendar Q4 2026 | +4.6% | -2.5% | CBRE: Infrastructure Growth Offsets Capital-Markets Headwinds |
Latest beats and misses
Who reports nextBeat on EPS
- FCNCAFY2026 Q3 · October 23, 2026+19.9% EPS+8.2% move
- FCNCNFY2026 Q3 · October 23, 2026+19.9% EPS+0.2% move
- FCNCOFY2026 Q3 · October 23, 2026+19.9% EPS+1.0% move
- FCNCPFY2026 Q3 · October 23, 2026+19.9% EPS+1.0% move
- RDYFY2027 Q2 · October 23, 2026+24.0% EPS-0.2% move
- SLBFY2026 Q3 · October 23, 2026+3.7% EPS+7.1% move
Missed on EPS
- INFYFY2027 Q2 · October 23, 2026-4.8% EPS-6.6% move
- BBDFY2026 Q3 · October 22, 2026-7.7% EPS+3.0% move
- SNAFY2026 Q3 · October 22, 2026-5.9% EPS-3.4% move
- SPOTFY2026 Q3 · October 22, 2026-11.6% EPS+11.1% move
- VRSNFY2026 Q3 · October 22, 2026-2.0% EPS-0.9% move
- HBANMFY2026 Q3 · October 22, 2026-5.3% EPS+0.5% move
Get the WY recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2024-10-17T05:10:49.140638+00:00
- Polygon adjusted daily market bars · 2026-10-26T22:40:43.761624+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-26T22:40:43.758547+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-26. For educational purposes only; not investment advice.