Weyerhaeuser (WY) Beats Earnings Expectations

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Key Highlights:

  • Weyerhaeuser's earnings per share rose above estimates, while revenue saw a decline.
  • Analysts project a significant potential upside for the stock with a price target of $34.80.
  • The company holds an "Outperform" status among brokerage firms, suggesting positive market sentiment.

Weyerhaeuser Co (WY, Financial) recently announced its first-quarter financial results, showing a mixed performance. The company's Non-GAAP earnings per share came in at $0.11, slightly above the expectations by a margin of $0.01. However, the revenue figures told a different story, reaching $1.71 billion, which represented a shortfall of $60 million or a 3.4% decrease compared to the previous year's equivalent quarter.

Wall Street Analysts Forecast

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Analysts have provided one-year price targets for Weyerhaeuser Co (WY, Financial), with the average target price set at $34.80. This is supported by a high estimate of $38.00 and a low of $30.00. These projections imply a potential upside of 36.47% from the current stock price of $25.50. For investors seeking a deeper dive into the figures, more detailed estimates are readily available on the Weyerhaeuser Co (WY) Forecast page.

In terms of brokerage recommendations, Weyerhaeuser Co (WY, Financial) enjoys a favorable stance. Based on insights from 13 brokerage firms, the stock's average recommendation stands at 2.1, which translates to an "Outperform" rating. This rating reflects a scale where 1 indicates a Strong Buy and 5 suggests a Sell position, marking a generally optimistic outlook from financial analysts.

Turning to GuruFocus metrics, the estimated GF Value of Weyerhaeuser Co (WY, Financial) reflects a promising future. The GF Value suggests the stock should trade at around $29.54 in a year, indicating an upside potential of 15.84% from its current positioning at $25.5. The GF Value is a proprietary estimate from GuruFocus that evaluates a stock's fair value based on historical trading multiples, past business growth, and future performance estimates. More comprehensive data is available for review on the Weyerhaeuser Co (WY) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.