By Elias Schisgall
Weyerhaeuser posted a smaller profit in the fourth quarter as timberlands and wood products sales both declined from the previous quarter.
The lumber producer on Thursday posted a profit of $74 million, or 10 cents a share, compared with a profit of $81 million, or 11 cents a share, in the year-ago quarter.
Excluding a $141 million after-tax benefit for special items, the company recorded a loss of 9 cents a share. Analysts polled by FactSet were expecting a loss of 13 cents a share.
Revenue fell to $1.54 billion from $1.71 billion, missing analysts' expectations of $1.57 billion, according to FactSet.
Net sales in the timberlands segment fell sequentially to $487 million, compared with $536 million in the prior quarter. In the wood products segment, net sales fell to $1.09 billion from $1.23 billion in the previous quarter.
Weyerhaeuser said it expects timberlands sales in the current first quarter to be comparable to the fourth quarter, while earnings from wood products are expected to rise slightly in the first quarter.
The company also said it had transferred roughly $455 million of the company's U.S. pension liabilities to an insurance carrier during the fourth quarter.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
January 29, 2026 16:43 ET (21:43 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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