Weyerhaeuser Q1 EPS Beats Estimates $0.11

Weyerhaeuser posted Q1 adjusted EPS of $0.11, beating consensus $0.05, with revenue $1.73 bn versus $1.72 bn estimate.
After‑tax benefit of $79 m from a $58 m Virginia timberland sale and $21 m insurance recovery boosted results.
Wood Products Adjusted EBITDA turned positive to $71 m from –$20 m Q4; lumber and OSB sales rose 13% and 8% respectively.
Strategic Land Solutions generated $193 m Adjusted EBITDA, driven by a $94 m Florida conservation easement; divested 108k acres Virginia timberland for $192 m.