Weyerhaeuser (WY) Revenue — Quarter Ended Mar 31, 2024
Revenue declined compared to the same quarter last year but increased modestly from the prior quarter. The sequential improvement reflects a reversal of the downward trend seen in recent quarters.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue declined compared to the same quarter last year but increased modestly from the prior quarter. The sequential improvement reflects a reversal of the downward trend seen in recent 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
+1.2%
Change from the immediately preceding quarter.
Year-over-year
-4.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.6B
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 |
|---|---|---|
| Jun 30, 2023 | $2B | -32.8% |
| Sep 30, 2023 | $2B | -11.2% |
| Dec 31, 2023 | $1.8B | -2.7% |
| Mar 31, 2024 | $1.8B | -4.5% |
Revenue performance
Reported revenue for the quarter was lower than the prior-year period, while the sequential rise indicates a stabilization from the fourth quarter level.
Quarterly comparison
Compared with the immediately preceding quarter, revenue improved; relative to the same quarter one year ago, revenue was lower.
What to watch
Monitor whether the sequential revenue growth can be sustained in the upcoming quarters.