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Weyerhaeuser reports record second quarter results
- Achieved net earnings of $1.0 billion, or $1.37 per diluted share
- Highest quarterly Adjusted EBITDA on record at $1.6 billion
- Generated record cash flow from operations of over $1.3 billion
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SEATTLE, July 30, 2021 /PRNewswire/ Weyerhaeuser Company (NYSE: WY) today reported second quarter net earnings of $1.0 billion, or $1.37 per diluted share, on net sales of $3.1 billion. This compares with net earnings of $72 million, or 10 cents per diluted share, on net sales of $1.6 billion for the same period last year and net earnings of $681 million for the first quarter of 2021. There were no special items in second quarter or first quarter 2021. Net earnings before special items was $77 million for the same period last year, or 11 cents per diluted share.
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