Weyerhaeuser reports Q3 ex-items EPS 6c, consensus (8c)

Reports Q3 revenue $1.7B, consensus $1.66B. The company said, “In the third quarter, the company completed two high-quality acquisitions totaling $459 million, including its previously announced transaction for timberlands in North Carolina and Virginia. Additionally, in the third quarter Weyerhaeuser (WY) advanced three divestiture packages of non-core timberlands – two of which were closed or under contract in early October, totaling $410 million of expected cash proceeds by year end. The company anticipates the third divestiture to close in early 2026, with total proceeds from all divestitures expected to exceed the cash outlay required for its recently completed acquisitions… Our performance in the third quarter reflects solid execution against a very challenging market backdrop. We remain well positioned to navigate the current environment given our deeply embedded OpX culture and competitive cost structure. In addition, we continue to capitalize on strategic opportunities to enhance our portfolio. Looking forward, we maintain a favorable outlook for the longer-term demand fundamentals that support growth for our businesses, and we remain focused on driving operational excellence, serving our customers and creating long-term value for our shareholders through our integrated portfolio and flexible capital allocation framework.”