【propane leaking from regulator】Weyerhaeuser: 4Q Earnings Snapshot
SEATTLE (AP) _ Weyerhaeuser Co. (WY) on Friday reported a fourth-quarter loss of $93 million,propane leaking from regulator after reporting a profit in the same period a year earlier.
On a per-share basis, the Seattle-based company said it had a loss of 12 cents. Earnings, adjusted for non-recurring costs and pretax expenses, were 10 cents per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.
The timber and paper products company posted revenue of $1.64 billion in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $1.8 billion.
For the year, the company reported profit of $748 million, or 99 cents per share. Revenue was reported as $7.48 billion.
Weyerhaeuser shares have increased 20 percent since the beginning of the year, while the Standard & Poor's 500 index has increased almost 8 percent. The stock has fallen 30 percent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WY at https://www.zacks.com/ap/WY
View comments
本文地址：http://uncontrovertibleness.sjxmb.net/news/21a299976.html
版权声明
本文仅代表作者观点，不代表本站立场。
本文系作者授权发表，未经许可，不得转载。