Weyerhaeuser Posts Q3 Earnings of $0.08 per Share and Revenue of $1.86 Billion
Key Facts
Weyerhaeuser reported third-quarter 2026 results on October 29, posting earnings per share of $0.08 and revenue of $1.86 billion. Earnings per share topped analysts’ estimate of $0.06, while revenue came in below the $1.92 billion forecast, according to Investing.com. The results presented two different pictures when compared with expectations and the same period a year earlier. Annual sales increased, but net income declined. The company reported the results after the market close.
Net sales totaled $1.862 billion in the third quarter, compared with $1.717 billion in the same period of 2025. Net income, meanwhile, fell to $61 million from $80 million a year earlier. The divergence shows that sales growth was not accompanied by an increase in net income during the period. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) totaled $248 million, compared with $217 million in the third quarter of 2025. These measures point to different trends in revenue, the bottom line and adjusted operating performance.
In the Timberlands segment, adjusted EBITDA was $133 million, compared with $148 million a year earlier. Segment sales to unaffiliated customers also declined to $378 million from $386 million in the third quarter of 2025. These figures put the segment’s performance in the context of the annual decline in net income, despite an increase in the company’s overall sales. Weyerhaeuser owns or manages more than 10 million acres of timberlands in the United States. The company also manages public lands in Canada under long-term licenses, according to its disclosure.
Before the results were released, the average estimates pointed to earnings per share of $0.06 and revenue of $1.92 billion. In the second quarter, the company reported earnings per share of $0.13 and revenue of $1.87 billion, according to Investing.com. Actual earnings per share therefore exceeded the third-quarter estimate but were below the previous quarter’s level; actual revenue fell short of expectations and was close to the second-quarter level. Earnings-per-share estimates had fallen 61.9% in the 60 days before the announcement, then declined by a further 24.6% in the final week. Before the results, annual estimates pointed to a 6.2% decline in earnings per share and an 11.6% increase in revenue compared with the third quarter of 2025.
Two rating revisions preceded the results announcement in October. On October 14, BofA Securities raised its rating to Buy from Neutral and cut its price target to $25 from $28. On October 27, DA Davidson maintained its Buy rating but lowered its price target to $27 from $31, citing the impact of higher fuel costs on wood products profitability. Shares closed at $19.75 on October 29, according to Investing.com. The site said the stock had fallen 21.09% over three months and 15.99% over 12 months. These figures track the stock through the day of the results announcement, without offering an additional explanation for its performance.
The company is scheduled to hold its online earnings presentation and conference call on October 30, 2026, at 7 a.m. Pacific Time, or 10 a.m. Eastern Time. The event comes a day after the results announcement, which showed an annual increase in sales and a decline in net income. The call will provide an opportunity to follow the company’s presentation of its third-quarter results. It will also follow declines in the Timberlands segment’s adjusted earnings and sales to unaffiliated customers compared with the same period. The company published the call details in its official results announcement.