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News / Business / Business Briefs

Weyerhaeuser Co. reports net income of $255 for third quarter

The Columbian
Published: October 26, 2018, 10:24pm

SEATTLE – Weyerhaeuser Co. on Friday reported third-quarter net income of $255 million.

The Seattle-based company said it had net income of 34 cents per share. Earnings, adjusted for pretax gains, were 28 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share.

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