Wood News

Weyerhaeuser earnings drop in the fourth quarter; 2013 total reaches $540 million



PORTLAND, OR , Feb. 3, 2014 (RISI) - 

Weyerhaeuser reported fourth quarter earnings of $43 million, or seven cents a share, compared with $143 million, or 26 cents a share, a year earlier. Excluding special items, per-share earnings were $157 million, or 27 cents a share, compared with $143 million and 26 cents a share a year ago.

The company reported full year 2013 net earnings of $540 million, or 95 cents per diluted share, on net sales of $8.5 billion. This compares with net earnings of $385 million, or 71 cents per diluted share, on net sales of $7.1 billion for the full year 2012.

Wood News Service subscribers - click here to read the full article.

Not a subscriber?