Weyerhaeuser Company Earnings Preview: Analysts Expect Rising Revenue, Falling EPS
Weyerhaeuser Company (NYSE: WY) announces its next round of earnings this Friday, October 28, 2011. Here is Benzinga's everything-that-matters guide for this Friday's third quarter earnings announcement.
Earnings and Revenue:
Analysts are predicting an EPS reading of 11 cents/share and revenues of $1.68 billion. Weyerhaeuser Company's latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of 25 cents/share on revenues of $1.66 billion. We'll have to wait for Friday to see if Weyerhaeuser Company reports a decline in EPS and a small boost in revenue from the year-ago quarter, as analysts are predicting.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
At last check, shares of Weyerhaeuser Company were trading at $17.54. Shares are down 5.3% year to date. For a full 12 months, the return has risen by 13.7%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
- Long-term shareholders are already enjoying 12-month gains prior to the announcement
Average Stock Rating:
The average rating by analysts for Weyerhaeuser Company is a Hold.
Wondering how some of the other materials companies are doing? Here are a few of Weyerhaeuser Company's peers in that sector.
- Sturm, Ruger & Company (NYSE: RGR): Hold with a $0.56 recent quarter EPS
- Universal Forest Products (NASDAQ: UFPI): Hold with a $0.29 recent quarter EPS
Weyerhaeuser Company is in the building products-wood industry, which has experienced price/earnings growth of 4.9%.
Finally, a description of the company's main areas of operation: Weyerhaeuser is a forest products company, which mainly grows and harvests trees, builds homes, and makes a range of forest products.
That's your advanced look at Weyerhaeuser Company's upcoming earnings numbers -- be ready to take quick action if the company's report contains any surprises. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.