Weyerhaeuser Q3 profit falls, revenue tops estimate

Weyerhaeuser Company (NYSE: WY) reported third-quarter 2026 net earnings of $61 million, or 8 cents per diluted share, on net sales of $1.9 billion, the company said on Oct. 29 in a press release furnished with an 8-K filing.

The company's adjusted per-share figure was 8 cents, compared with a consensus estimate of 5 cents per share compiled by Finnhub. Net sales of $1.9 billion came in below the $1.97 billion consensus estimate compiled by Finnhub.

Here's how the company did:

• Net earnings: $61 million, or 8 cents per diluted share, vs. $80 million, or 11 cents, a year earlier
• Net sales: $1.9 billion vs. $1.7 billion a year earlier
• Adjusted EBITDA: $248 million vs. $217 million a year earlier

Timberlands and divestiture

In October, the company agreed to divest approximately 81,000 acres of non-core timberlands in Arkansas for $146 million. The transaction is expected to close in the fourth quarter and is subject to customary closing conditions.

Fourth quarter outlook

The company anticipates fourth quarter earnings before special items and Adjusted EBITDA will be comparable to the third quarter. It expects full year 2026 Adjusted EBITDA of approximately $450 million, a $25 million increase from the initial outlook, according to the release.

Devin W. Stockfish, president and chief executive officer, said the company's teams "delivered solid operating performance in the third quarter against an increasingly challenging macroeconomic backdrop."

The company also said it has commenced construction on its first biocarbon facility in McComb, Mississippi, and has commenced construction on two additional solar sites.

The company will hold a conference call at 7 a.m. Pacific on Oct. 30, 2026.