
Weyerhaeuser (WY) Stock Up in After-Hours Trading Ahead of Q1 Results
NEW YORK (TheStreet) -- Weyerhaeuser (WY) - Get Report stock is higher by 0.41% to $31.67 in Thursday's after-hours trading session, on expectations that the company's profit and revenue will rise year-over-year.
For the recent period, Wall Street is looking for earnings of 21 cents a share on revenue of $1.9 billion.
A year ago, the company earned 19 cents a share on revenue of $1.72 billion.
While the company's recovering U.S. housing market will likely lift results, some challenges include intensifying competition and currency fluctuations.
Earlier this week, International Paper (IP) agreed to buy Weyerhaeuser's pulp business for $2.2 billion as demand for disposable diapers and feminine products gets stronger, the Wall Street Journal said.
Based in Federal Way, WA, Weyerhaeuser is a real estate investment trust that primarily invests in the U.S. The firm operates under four business segments: timberlands, wood products, cellulose fibers and real estate.
Separately, TheStreet Ratings currently has a "Buy" rating on the stock with a letter grade of B-.
The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and good cash flow from operations. We feel its strengths outweigh the fact that the company has had sub par growth in net income.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.
You can view the full analysis from the report here: WY










