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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