Recap: Weyerhaeuser Q2 Earnings

Weyerhaeuser (NYSE:WY) reported its Q2 earnings results on Friday, July 29, 2022 at 03:05 AM.

Here's what investors need to know about the announcement.

Weyerhaeuser beat estimated earnings by 8.16%, reporting an EPS of $1.06 versus an estimate of $0.98.

Revenue was down $171.00 million from the same period last year.

Last quarter the company beat on EPS by $0.12 which was followed by a 1.62% drop in the share price the next day.

Here's a look at Weyerhaeuser's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	1.19	0.46	0.57	1.38
EPS Actual	1.31	0.49	0.60	1.37
Revenue Estimate	2.93B	2.15B	2.33B	3.07B
Revenue Actual	3.11B	2.21B	2.35B	3.14B

To track all earnings releases for Weyerhaeuser visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.