Weyerhaeuser (WY) Revenue — Quarter Ended Dec 31, 2023
Revenue declined in the quarter, continuing a downward trend relative to both the prior quarter and the same quarter a year earlier. The year-over-year decline was smaller than in previous quarters.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue declined in the quarter, continuing a downward trend relative to both the prior quarter and the same quarter a year earlier. The year-over-year decline was smaller than in previous quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.8B
Revenue reported for this quarter.
Quarter-over-quarter
-12.3%
Change from the immediately preceding quarter.
Year-over-year
-2.7%
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 |
|---|---|---|
| Mar 31, 2023 | $1.9B | -39.6% |
| Jun 30, 2023 | $2B | -32.8% |
| Sep 30, 2023 | $2B | -11.2% |
| Dec 31, 2023 | $1.8B | -2.7% |
Revenue performance
The reported revenue decreased from the immediately preceding quarter.
Quarterly comparison
Compared to the same quarter one year ago, revenue was lower, though the magnitude of the year-over-year decline was less pronounced than in the prior three quarters.
What to watch
The sequential revenue decline warrants attention given the ongoing year-over-year contraction.