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Weyerhaeuser Co Q2 Income Climbs

Weyerhaeuser Co (WY) released earnings for its second quarter that advanced from last year.

The company's bottom line totaled $681 million, or $0.91 per share. This compares with $77 million, or $0.11 per share, in last year's second quarter.

Analysts had expected the company to earn $1.38 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 92.6% to $3.14 billion from $1.63 billion last year.

Weyerhaeuser Co earnings at a glance:

-Earnings (Q2): $681 Mln. vs. $77 Mln. last year.
-EPS (Q2): $0.91 vs. $0.11 last year.
-Analysts Estimate: $1.38
-Revenue (Q2): $3.14 Bln vs. $1.63 Bln last year.

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