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Weyerhaeuser Reports Higher Second-Quarter Earnings on Oregon Timberlands Sale
Weyerhaeuser reported stronger second-quarter 2026 earnings, helped mainly by the sale of non-core timberlands in Oregon. The company also said Timberlands and Wood Products both improved, while it raised its full-year outlook for Strategic Land Solutions.
What Readers Should Know
- Weyerhaeuser posted net earnings of $162 million in the second quarter.
- Net sales for the quarter were $1.87 billion.
- The company sold 29,000 acres of non-core Oregon timberlands for $114 million.
- Timberlands segment EBITDA rose to $123 million.
- Wood Products segment EBITDA reached $219 million.
- The company raised its full-year outlook for Strategic Land Solutions.
Why earnings improved
The company reported net earnings of $162 million, or $0.23 per diluted share, on net sales of $1.87 billion for the quarter ended June 30, 2026. That compared with net earnings of $87 million, or $0.12 per share, in the same period last year. Excluding special items, second-quarter net earnings totaled $91 million, or $0.13 per diluted share, while Adjusted EBITDA was $310 million.
The main driver was the sale of 29,000 acres of non-core Oregon timberlands for $114 million. Weyerhaeuser said the transaction supported quarterly results alongside improved operational performance across its businesses.
What the segment results showed
The Timberlands segment posted higher sales and earnings on increased log shipments and better seasonal operating conditions. Segment EBITDA rose to $123 million.
Wood Products also improved, with stronger revenue and profitability. The business generated EBITDA of $219 million.
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What happens next
Looking ahead, Weyerhaeuser expects third-quarter earnings before special items and Adjusted EBITDA in its Timberlands segment to be slightly higher than the second quarter. Wood Products results are projected to remain broadly stable.
The company also raised its full-year outlook for Strategic Land Solutions. President and CEO Devin Stockfish said the business delivered solid operational performance during the quarter despite macroeconomic uncertainty and inflationary pressures.
People Also Ask
What were Weyerhaeuser’s second-quarter net earnings?
Net earnings were $162 million, or $0.23 per diluted share.
How much were second-quarter net sales?
Net sales were $1.87 billion for the quarter.
What asset did the company sell?
Weyerhaeuser sold 29,000 acres of non-core timberlands in Oregon.
How did Timberlands perform?
Timberlands recorded higher sales and earnings, with segment EBITDA of $123 million.
What is Weyerhaeuser expecting next quarter?
The company expects Timberlands earnings and Adjusted EBITDA to be slightly higher than in the second quarter.
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Courtesy: Scrap Monster
