Weyerhaeuser (WY) Revenue — Quarter Ended Sep 30, 2023
Revenue increased slightly from the immediately preceding quarter, but was lower than the same quarter one year earlier. The sequential improvement reflects a modest uptick, while the annual comparison shows a decline.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue increased slightly from the immediately preceding quarter, but was lower than the same quarter one year earlier. The sequential improvement reflects a modest uptick, while the annual comparison shows a 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
+1.3%
Change from the immediately preceding quarter.
Year-over-year
-11.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.7B
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 |
|---|---|---|
| Dec 31, 2022 | $1.8B | -17.4% |
| Mar 31, 2023 | $1.9B | -39.6% |
| Jun 30, 2023 | $2B | -32.8% |
| Sep 30, 2023 | $2B | -11.2% |
Revenue performance
The company reported higher revenue compared to the prior quarter, indicating a small sequential gain. However, revenue remained below the level achieved in the same period last year.
Quarterly comparison
Compared to the preceding quarter, revenue rose. Compared to the same quarter a year ago, revenue fell.
What to watch
The year-over-year decline in revenue narrowed from the larger drops seen in earlier quarters of the fiscal year.