Weyerhaeuser reports first quarter results

Achieved net earnings of $151 million, or $0.21 per diluted share generated adjusted ebitda of $395 million, a 7 percent increase compared with fourth quarter 2022 returned approximately $800 million in cash to shareholders through base and supplemental dividends increased quarterly base dividend by 5.6 percent seattle , april 27, 2023 /prnewswire/ -- weyerhaeuser company  (nyse: wy) today reported first quarter net earnings of $151 million, or 21 cents per diluted share, on net sales of $1.9 billion. this compares with net earnings of $771 million, or $1.03 per diluted share, on net sales of $3.1 billion for the same period last year and net earnings of $11 million for the fourth quarter of 2022.
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