Compared to Estimates, Weyerhaeuser (WY) Q2 Earnings: A Look at Key Metrics

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Weyerhaeuser performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Wood Products - Structural Lumber (board feet) - Third party sales realizations: $508.00 versus the three-analyst average estimate of $503.04.
• Delivered Logs Third Party Sales Realizations (per ton) - South: $38.20 versus the three-analyst average estimate of $37.37.
• Wood Products - Oriented Strand Board (square feet 3/8') - Third party sales realizations: $242.00 versus $241.78 estimated by three analysts on average.
• Wood Products - Oriented Strand Board (square feet 3/8') - Third party sales volumes: 743.00 Msq ft versus the three-analyst average estimate of 719.45 Msq ft.
• Wood Products Segment- Structural Lumber- Third party net sales: $591 million versus the three-analyst average estimate of $564.44 million. The reported number represents a year-over-year change of +1.7%.
• Net Sales- Wood Products: $1.36 billion compared to the $1.32 billion average estimate based on three analysts. The reported number represents a change of +0.2% year over year.
• Wood Products Segment- Oriented Strand Board (square feet 3/8')- Third party net sales: $180 million versus $187.29 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -12.2% change.
• Timberlands Segment- Third Party Net Sales- Stumpage and pay-as-cut timber: $11 million versus the two-analyst average estimate of $12.03 million. The reported number represents a year-over-year change of -15.4%.
• Timberlands Segment- Third Party Net Sales- Recreational and other lease revenue: $20 million compared to the $19.88 million average estimate based on two analysts. The reported number represents a change of +5.3% year over year.
• Timberlands Segment- Third Party Net Sales- Other revenue: $11 million versus $11.77 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +10% change.
• Wood Products Segment- Engineered Solid Section (cubic feet)- Third party net sales: $181 million versus the two-analyst average estimate of $163.09 million. The reported number represents a year-over-year change of +7.1%.
• Wood Products Segment- Engineered I-joists (lineal feet)- Third party net sales: $89 million versus the two-analyst average estimate of $75.04 million. The reported number represents a year-over-year change of -6.3%.

View all Key Company Metrics for Weyerhaeuser here>>>

Shares of Weyerhaeuser have returned +3.8% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

Beyond Nvidia: AI's Second Wave Is Here

The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research