Weyerhaeuser Co (WY) reported break-even results for third quarter, compared to net earnings attributable to shareholders of $280 million or $1.33 per share last year.
Excluding items, the company reported a net loss of $56 million, or $0.26 per share, compared to net loss of $3 million, or $0.01 per share, in the third quarter of 2008.
On average, 16 analysts polled by Thomson Reuters expected the company to report loss of $0.45 per share. Analysts' estimates typically exclude special items.
Total net sales and revenues declined to $1.4 billion from $2.1 billion in the same quarter last year.
Eleven analysts estimated revenues of $1.42 billion.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.