Weyerhaeuser (WY) Revenue — Quarter Ended Jun 30, 2023
Revenue increased from the prior quarter but remained significantly lower than the same quarter last year. The sequential growth partially offset the substantial year-over-year decline.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased from the prior quarter but remained significantly lower than the same quarter last year. The sequential growth partially offset the substantial year-over-year decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2B
Revenue reported for this quarter.
Quarter-over-quarter
+6.2%
Change from the immediately preceding quarter.
Year-over-year
-32.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $2.3B | -2.9% |
| Dec 31, 2022 | $1.8B | -17.4% |
| Mar 31, 2023 | $1.9B | -39.6% |
| Jun 30, 2023 | $2B | -32.8% |
Revenue performance
The reported revenue reflects a sequential increase, yet a notable decrease compared to the same period a year earlier.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose. However, compared to the same quarter one year ago, revenue declined sharply.
What to watch
Watch for whether the sequential revenue improvement can continue given the persistent year-over-year decline.