Weyerhaeuser Co. (WY) reported fourth quarter net loss attributable to Weyerhaeuser common shareholders of $175 million or $0.83 per share, compared to net loss attributable to Weyerhaeuser common shareholders of $1.21 billion or $5.73 per share last year.
Loss per share from continuing operations was $0.83, narrower than $5.68 in the same quarter a year earlier.
Excluding items, the company reported a net loss of $109 million, or $0.52 per share, compared to net loss of $209 million, or $0.99 per share, in the prior year.
On average, 16 analysts polled by Thomson Reuters expected the company to report loss of $0.38 per share. Analysts' estimates typically exclude special items.
Total net sales and revenues declined to $1.46 billion from $1.78 billion in the prior year quarter.
Ten analysts estimated revenues of $1.37 billion.
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