Rotten Tomato Stocks
No Result
View All Result
  • News
    Kylie Jenner’s Nine-Figure Cosmetics Sell-Off Caused A Stock Crash

    Kylie Jenner’s Nine-Figure Cosmetics Sell-Off Caused A Stock Crash

    Are we about to sleepwalk into another market crash?

    Are we about to sleepwalk into another market crash?

    More Bad News For Oil As The API Reports A Large Crude Build

    More Bad News For Oil As The API Reports A Large Crude Build

    Cannabis Stock Obituaries: Invictus MD ($GENE) On The Brink Of Bankruptcy

    Cannabis Stock Obituaries: Invictus MD ($GENE) On The Brink Of Bankruptcy

  • NYSE
    Introducing Avangrid (NYSE:AGR), The Stock That Dropped 17% In The Last Year

    Introducing Avangrid (NYSE:AGR), The Stock That Dropped 17% In The Last Year

    How Does RH’s (NYSE:RH) P/E Compare To Its Industry, After The Share Price Drop?

    How Does RH’s (NYSE:RH) P/E Compare To Its Industry, After The Share Price Drop?

    Did You Manage To Avoid Two Harbors Investment’s (NYSE:TWO) Devastating 74% Share Price Drop?

    Did You Manage To Avoid Two Harbors Investment’s (NYSE:TWO) Devastating 74% Share Price Drop?

    How Does Albemarle’s (NYSE:ALB) P/E Compare To Its Industry, After The Share Price Drop?

    How Does Albemarle’s (NYSE:ALB) P/E Compare To Its Industry, After The Share Price Drop?

  • NASDAQ
    Should You Be Concerned With Corning Incorporated’s (NYSE:GLW) -11% Earnings Drop?

    Should You Be Concerned With Corning Incorporated’s (NYSE:GLW) -11% Earnings Drop?

    Why Is Yelp (YELP) Down 35.5% Since Last Earnings Report?

    Why Is Yelp (YELP) Down 35.5% Since Last Earnings Report?

    Imagine Owning United Natural Foods (NYSE:UNFI) And Trying To Stomach The 93% Share Price Drop

    Imagine Owning United Natural Foods (NYSE:UNFI) And Trying To Stomach The 93% Share Price Drop

    Why Plug Power Stock Dropped 10% This Morning

    Why Plug Power Stock Dropped 10% This Morning

  • OTC
    Telenet Group (OTCMKTS:TLGHF) Stock Price Down 16%

    Telenet Group (OTCMKTS:TLGHF) Stock Price Down 16%

    SoftBank-backed Ola seeks financial relief during lockdown

    SoftBank-backed Ola seeks financial relief during lockdown

    Rentokil Initial (OTCMKTS:RTOKY) Downgraded to “Hold” at HSBC

    Rentokil Initial (OTCMKTS:RTOKY) Downgraded to “Hold” at HSBC

    Telkom SA Ltd ADS (OTCMKTS:TLKGY) Downgraded to “Hold” at ValuEngine

    Telkom SA Ltd ADS (OTCMKTS:TLKGY) Downgraded to “Hold” at ValuEngine

  • TSX
    The TSX Stock Market Is Closer to the Bottom Than You Think

    The TSX Stock Market Is Closer to the Bottom Than You Think

    Sims Metal Management (OTCMKTS:SMSMY) Reaches New 1-Year Low at $5.00

    TSX falls 4.6% to 14,270.09

    Laramide Resources (TSE:LAM) Shares Cross Below 200 Day Moving Average of $0.22

    Laramide Resources (TSE:LAM) Shares Cross Below 200 Day Moving Average of $0.22

    CANADA STOCKS – TSX falls 1.34% to 16,553.99

    CANADA STOCKS – TSX falls 1.34% to 16,553.99

  • News
    Kylie Jenner’s Nine-Figure Cosmetics Sell-Off Caused A Stock Crash

    Kylie Jenner’s Nine-Figure Cosmetics Sell-Off Caused A Stock Crash

    Are we about to sleepwalk into another market crash?

    Are we about to sleepwalk into another market crash?

    More Bad News For Oil As The API Reports A Large Crude Build

    More Bad News For Oil As The API Reports A Large Crude Build

    Cannabis Stock Obituaries: Invictus MD ($GENE) On The Brink Of Bankruptcy

    Cannabis Stock Obituaries: Invictus MD ($GENE) On The Brink Of Bankruptcy

  • NYSE
    Introducing Avangrid (NYSE:AGR), The Stock That Dropped 17% In The Last Year

    Introducing Avangrid (NYSE:AGR), The Stock That Dropped 17% In The Last Year

    How Does RH’s (NYSE:RH) P/E Compare To Its Industry, After The Share Price Drop?

    How Does RH’s (NYSE:RH) P/E Compare To Its Industry, After The Share Price Drop?

    Did You Manage To Avoid Two Harbors Investment’s (NYSE:TWO) Devastating 74% Share Price Drop?

    Did You Manage To Avoid Two Harbors Investment’s (NYSE:TWO) Devastating 74% Share Price Drop?

    How Does Albemarle’s (NYSE:ALB) P/E Compare To Its Industry, After The Share Price Drop?

    How Does Albemarle’s (NYSE:ALB) P/E Compare To Its Industry, After The Share Price Drop?

  • NASDAQ
    Should You Be Concerned With Corning Incorporated’s (NYSE:GLW) -11% Earnings Drop?

    Should You Be Concerned With Corning Incorporated’s (NYSE:GLW) -11% Earnings Drop?

    Why Is Yelp (YELP) Down 35.5% Since Last Earnings Report?

    Why Is Yelp (YELP) Down 35.5% Since Last Earnings Report?

    Imagine Owning United Natural Foods (NYSE:UNFI) And Trying To Stomach The 93% Share Price Drop

    Imagine Owning United Natural Foods (NYSE:UNFI) And Trying To Stomach The 93% Share Price Drop

    Why Plug Power Stock Dropped 10% This Morning

    Why Plug Power Stock Dropped 10% This Morning

  • OTC
    Telenet Group (OTCMKTS:TLGHF) Stock Price Down 16%

    Telenet Group (OTCMKTS:TLGHF) Stock Price Down 16%

    SoftBank-backed Ola seeks financial relief during lockdown

    SoftBank-backed Ola seeks financial relief during lockdown

    Rentokil Initial (OTCMKTS:RTOKY) Downgraded to “Hold” at HSBC

    Rentokil Initial (OTCMKTS:RTOKY) Downgraded to “Hold” at HSBC

    Telkom SA Ltd ADS (OTCMKTS:TLKGY) Downgraded to “Hold” at ValuEngine

    Telkom SA Ltd ADS (OTCMKTS:TLKGY) Downgraded to “Hold” at ValuEngine

  • TSX
    The TSX Stock Market Is Closer to the Bottom Than You Think

    The TSX Stock Market Is Closer to the Bottom Than You Think

    Sims Metal Management (OTCMKTS:SMSMY) Reaches New 1-Year Low at $5.00

    TSX falls 4.6% to 14,270.09

    Laramide Resources (TSE:LAM) Shares Cross Below 200 Day Moving Average of $0.22

    Laramide Resources (TSE:LAM) Shares Cross Below 200 Day Moving Average of $0.22

    CANADA STOCKS – TSX falls 1.34% to 16,553.99

    CANADA STOCKS – TSX falls 1.34% to 16,553.99

No Result
View All Result
Rotten Tomato Stocks
No Result
View All Result

Why Is Weyerhaeuser (WY) Down 13.6% Since Last Earnings Report?

avatar by Editor
March 2, 2020
0
Why Is Weyerhaeuser (WY) Down 13.6% Since Last Earnings Report?

A month has gone by since the last earnings report for Weyerhaeuser (WY). Shares have lost about 13.6% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Weyerhaeuser due for a breakout? Before we dive into how investors and analysts have reacted as of late, let’s take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.

Weyerhaeuser’s Q4 Earnings Miss, Sales Beat Estimates

Weyerhaeuser Company reported mixed fourth-quarter 2019 results, with earnings missing the Zacks Consensus Estimate, while net sales beating the same.

The company reported adjusted earnings of 3 cents per share, which missed the consensus mark of 7 cents by 57.1% and declined 70% from the year-ago figure of 10 cents.

Net sales during the quarter amounted to $1,548 million, beating the consensus mark of $1,524 million by 1.6%. However, the reported figure fell 5.4% from $1,636 million reported in the prior-year quarter. Its two major segments reported significantly lower net sales on a year-over-year basis.

Segments Details

The company currently operates through three business segments —Timberlands; Real Estate, Energy and Natural Resources; and Wood Products.

Timberlands’ net sales (including inter-segment sales of $122 million) during the quarter came in at $510 million, down 11.5% from the year-ago figure of $576 million. Lower average log sales realizations and fee harvest volumes in the South, as well as seasonally lower Western road and forestry spending caused the decline.

Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) came in at $158 million, down 16% from $188 million in the year-ago quarter.

Net sales in Real Estate, Energy and Natural Resources amounted to $46 million, down 54.9% from $102 million reported in the prior-year quarter. Adjusted EBITDA also fell 58.9% to $37 million from $90 million in the year-ago quarter. Earnings and adjusted EBITDA registered a fall due to fewer real estate sales, and lower construction materials and energy royalties in the Energy & Natural Resources business.

Sales in the Wood Products segment totaled $1,115 million, up 2.6% from $1,087 million in the prior-year quarter. Adjusted EBITDA came in at $110 million, up 66.7% from the year-ago figure of $66 million.

Operating Highlights

During the quarter, gross profit plunged more than 15% to $247 million from $291 million in the prior-year quarter. Adjusted EBITDA was $260 million in the quarter, down nearly 25% from $346 million in the year-ago quarter.

Financial Highlights

As of Dec 31, 2019, Weyerhaeuser had cash and cash equivalents of $139 million, down from $334 million at 2018-end. Long-term debt was $6,147 million versus $5,419 million at the end of 2018.

Net cash from operations was $966 million at the end of 2019, down from $1,112 million at 2018-end.

2019 Highlights

In 2019, total revenues were $6,554 million, down 12.3% year over year. Adjusted earnings were reported at 39 cents, down from the year-ago figure of $1.18 per share. Adjusted EBITDA was reported at $1,276 in 2019, down 37.2% from $2,032 in 2018. The company’s performance was significant impacted by a sluggish housing market, global trade uncertainty and challenges in commodity prices.

Q1 2020 Outlook

For the first quarter, the company expects sequentially higher earnings and adjusted EBITDA in the Timberland segment. Geographically, in the West, the company expects higher domestic and export log sales volumes, moderate average domestic log sales realizations and lower road spending. In the South, the company anticipates lower fee harvest volumes and comparable average log sales realizations.

In the Real Estate, Energy and Natural Resources segment, Weyerhaeuser anticipates significantly higher earnings and adjusted EBITDA than fourth-quarter levels. For 2020, the segment’s adjusted EBITDA is estimated to be $255 million, including the effect of fewer available real estate acres post divestitures of Montana and Michigan timberlands.

In the Wood Products segment, the company predicts earnings and adjusted EBITDA (before any improvement in average sales realizations) to be slightly higher than fourth-quarter levels. Weyerhaeuser expects seasonally improved operating rates and manufacturing costs for engineered wood products, along with slightly higher sales volumes for lumber and oriented strand board.

How Have Estimates Been Moving Since Then?

In the past month, investors have witnessed a downward trend in estimates revision. The consensus estimate has shifted -25.93% due to these changes.

VGM Scores

At this time, Weyerhaeuser has a subpar Growth Score of D, however its Momentum Score is doing a lot better with an A. However, the stock was allocated a grade of F on the value side, putting it in the lowest quintile for this investment strategy.

Overall, the stock has an aggregate VGM Score of F. If you aren’t focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It’s no surprise Weyerhaeuser has a Zacks Rank #5 (Strong Sell). We expect a below average return from the stock in the next few months.

Related Posts

Should You Be Concerned With Corning Incorporated’s (NYSE:GLW) -11% Earnings Drop?
NASDAQ

Should You Be Concerned With Corning Incorporated’s (NYSE:GLW) -11% Earnings Drop?

March 15, 2020
Why Is Yelp (YELP) Down 35.5% Since Last Earnings Report?
NASDAQ

Why Is Yelp (YELP) Down 35.5% Since Last Earnings Report?

March 14, 2020
Imagine Owning United Natural Foods (NYSE:UNFI) And Trying To Stomach The 93% Share Price Drop
NASDAQ

Imagine Owning United Natural Foods (NYSE:UNFI) And Trying To Stomach The 93% Share Price Drop

March 10, 2020
Why Plug Power Stock Dropped 10% This Morning
NASDAQ

Why Plug Power Stock Dropped 10% This Morning

March 5, 2020
Load More
Next Post
The Gloves Come off on TechCare Corp (OTCMKTS: TECR)

The Gloves Come off on TechCare Corp (OTCMKTS: TECR)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

POPULAR NEWS

10 Warning Signs That Should Tell You “This Stock is in Trouble”

10 Warning Signs That Should Tell You “This Stock is in Trouble”

November 11, 2019
How Does Spirit Airlines’s (NYSE:SAVE) P/E Compare To Its Industry, After The Share Price Drop?

How Does Spirit Airlines’s (NYSE:SAVE) P/E Compare To Its Industry, After The Share Price Drop?

February 28, 2020
Nektar, worst performing stock in S&P 500, gets booted from the index

Nektar, worst performing stock in S&P 500, gets booted from the index

November 12, 2019
Teradata Stock Is Getting Crushed on Soft Guidance and CEO Exit

Teradata Stock Is Getting Crushed on Soft Guidance and CEO Exit

November 11, 2019
Gap CEO Out As Losses Mount for Iconic Company and Brand

Gap CEO Out As Losses Mount for Iconic Company and Brand

November 11, 2019

EDITOR'S PICK

NYSE argues some exchange-related fees fall outside SEC’s domain

NYSE argues some exchange-related fees fall outside SEC’s domain

February 13, 2020
Has Green Organic Dutchman Holdings Ltd (OTCMKTS:TGODF) Finally Hit Bottom?

Has Green Organic Dutchman Holdings Ltd (OTCMKTS:TGODF) Finally Hit Bottom?

January 17, 2020
3 Charts That Show Bank of America Stock Is Running on Fumes

3 Charts That Show Bank of America Stock Is Running on Fumes

November 12, 2019
Zurich Insurance Group (OTCMKTS:ZFSVF) Stock Price Down 2.7%

Zurich Insurance Group (OTCMKTS:ZFSVF) Stock Price Down 2.7%

March 15, 2020

Stay Updated

Get breaking news delivered straight into your inbox

Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Rotten Tomato stocks is a wholly-owned subsidiary of Market IQ Media Group, Inc. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

Rotten Tomato Stocks cover the companies and markets that are declining, failing or headed for disaster. We help investors spot the down tends and recognize when something smells rotten.

RECENT POSTS

Telenet Group (OTCMKTS:TLGHF) Stock Price Down 16%

Introducing Avangrid (NYSE:AGR), The Stock That Dropped 17% In The Last Year

SoftBank-backed Ola seeks financial relief during lockdown

POPULAR POSTS

How Does RH’s (NYSE:RH) P/E Compare To Its Industry, After The Share Price Drop?

Rentokil Initial (OTCMKTS:RTOKY) Downgraded to “Hold” at HSBC

Did You Manage To Avoid Two Harbors Investment’s (NYSE:TWO) Devastating 74% Share Price Drop?

© Copyright 2019 RottenTomatoStocks. All Rights Reserved 

Disclaimer | Privacy Policy

No Result
View All Result
  • HOME
  • NEWS
  • NYSE
  • NASDAQ
  • OTC
  • TSX

© 2019 RottenTomatoStocks.com

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.