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Weyerhaeuser sees Q3 EPS ‘comparable’ to Q2

Q3 EPS consensus 8c. Weyerhaeuser (WY) anticipates third quarter earnings before special items andaAdjusted EBITDA will be comparable to the second quarter, excluding the effect of changes in average sales realizations for lumber and oriented strand board. For lumber and oriented strand board, the company expects sales volumes and unit manufacturing costs to be comparable to the second quarter and log and fiber costs to be slightly lower. For engineered wood products, the company expects lower sales volumes, slightly lower sales realizations, and lower raw material costs, primarily for oriented strand board webstock. Distribution results are expected to be comparable to the second quarter.

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