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WY Weyerhaeuser Company

31.18
0.17 (0.55%)
Last Updated: 17:11:44
Delayed by 15 minutes
Share Name Share Symbol Market Type
Weyerhaeuser Company NYSE:WY NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.17 0.55% 31.18 31.83 31.16 31.57 1,336,685 17:11:44

Weyerhaeuser Shares Fall on Weakness in Wood-Products Markets -- Market Mover

26/10/2018 5:03pm

Dow Jones News


Weyerhaeuser (NYSE:WY)
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Shares of Weyerhaeuser Co. (WY) fell about 9% Friday after third-quarter sales and profit missed analysts expectations as weather, trade policy and volatility in the wood-products markets weighed on its quarterly results. Analysts polled by FactSet were expecting earnings of 37 cents a share, but the firm reported just 28 cents a share. The Seattle timber company also tapered down expectations for the fourth quarter and said it anticipates earnings "significantly" lower than the third quarter. The company's stock is down nearly 25% for the year. (patrick.thomas@wsj.com)

 

(END) Dow Jones Newswires

October 26, 2018 11:48 ET (15:48 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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