WY News and Press, Weyerhaeuser Company From 10/28/22

Weyerhaeuser Announces Resolution of Work Stoppage in Oregon and Washington PR Newswire Normal operations to resume with approval of new contract with IAM SEATTLE , Oct. 28, 2022 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announ...

Weyerhaeuser press release ( NYSE: WY ): Q3 Non-GAAP EPS of $0.42 beats by $0.05 . Revenue of $2.28B (-3.0% Y/Y) beats by $20M . Weyerhaeuser anticipates fourth quarter earnings and Adjusted EBITDA will be lower than third quarter 2022 due to the timing and mix...

Summary U.S. equity markets rebounded with their best weekly gains since July after a decent start to corporate earnings season eased the seemingly-relentless selling pressure even as interest rates swelled to multi-decade-highs. Rebounding from two-year-lows and gaining for just ...

Summary Real estate earnings season kicks off this week, and over the next month, we'll hear results from 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies. Slammed by the historic surge in interest rates over the past six months, REITs enter third-quar...

Summary The REIT sector has endured declines in 7 of the first 9 months of 2022, including a particularly brutal -13.66% total return in September. Micro cap (-18.27%) and small cap REITs (-15.01%) saw the steepest declines. Large caps (-11.44%) and mid caps (-11.75%) endured the ...

Summary WY shares have fallen over the past year as housing concerns have mounted, but they are not yet attractive. WY pays a variable dividend on top of its base dividend, and that variable payment is likely to fall over the next year as lumber prices fall. After their post-C...

Summary U.S. equity markets and bond markets slid this week - deepening a historic year-long rout - as Federal Reserve officials doubled down on hawkish rhetoric despite increasingly-apparent tremors of market instability. Closing the month and quarter at the lowest levels in two ...

Weyerhaeuser ( NYSE: WY ) announced on Thursday an updated outlook for third quarter of 2022. The REIT now expects Timberlands adj. EBITDA comparable to that of Q3/2021. It previously expected Timberlands adj. EBITDA lower than Q2/2022, but "moderately higher" than Q3 a ye...

Summary Mortgage rates surged to 7% this week, increasing concerns around the housing market, whose already falling real estate prices are economic indicators. Higher mortgage rates cost homebuyers and sellers, but companies are still capitalizing on pricing competition, limited i...

Weyerhaeuser to Release Third Quarter Results on October 27 PR Newswire Webcast and conference call on October 28 , at 7 a.m. PT ( 10 a.m. ET ) SEATTLE , Sept. 28, 2022 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) will release t...