SEATTLE — Weyerhaeuser Co. on Friday reported a fourth-quarter loss of $14 million, after reporting a profit in the same period a year earlier.
The Seattle-based company said it had a loss of 2 cents per share. Earnings, adjusted for one-time gains and costs, came to 3 cents per share.
The timber and paper products company posted revenue of $1.55 billion in the period.
For the year, the company reported a loss of $76 million, or 10 cents per share, swinging to a loss in the period. Revenue was reported as $6.55 billion.
Weyerhaeuser shares have decreased slightly since the beginning of the year, while the Standard & Poor’s 500 index has risen about 2 percent. The stock has climbed 15 percent in the last 12 months.
