WY / Weyerhaeuser And West Fraser Lead The Pack In Timber/Lumber

Weyerhaeuser Company (NYSE:WY ) Q3 2023 Earnings Conference Call October 27, 2023 10:00 AM ET Company Participants Andy Taylor - Vice President of Inv more_horizontal

Weyerhaeuser's (WY) third-quarter 2023 results reflect lower year-over-year segmental results but improved sequential results. Operational disruptions more_horizontal

The headline numbers for Weyerhaeuser (WY) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile t more_horizontal

Weyerhaeuser's (WY) third-quarter results are likely to reflect weaker-than-expected contributions from the Timberlands and Wood Products segments. more_horizontal

Timber REITs are trading at discounts to their asset value, presenting buying opportunities. Investment in timber REITs involves different segments wi more_horizontal

Physical lumber futures have been trading around the $500 per 1,000 board feet level since early August 2023. Lumber prices have experienced a signifi more_horizontal

Weyerhaeuser (WY) secures approval for its first Improved Forest Management (IFM) carbon credit project in Maine. more_horizontal

Single family housing conditions are picking up, but the remodeling market is faltering. WY's EWP segment looks poised to have another resilient quart more_horizontal