Weyerhaeuser reports first quarter results

Achieved net earnings of $114 million, or $0.16 per diluted share generated adjusted ebitda of $352 million, a 10 percent increase compared with fourth quarter 2023 increased quarterly base dividend by 5.3 percent enhanced our carbon capture and sequestration business with exploration agreement across five potential sites in the u.s. south seattle , april 25, 2024 /prnewswire/ -- weyerhaeuser company (nyse: wy) today reported first quarter net earnings of $114 million, or 16 cents per diluted share, on net sales of $1.8 billion. this compares with net earnings of $151 million, or 21 cents per diluted share, on net sales of $1.9 billion for the same period last year and net earnings of $219 million for fourth quarter 2023.
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