Weyerhaeuser beats Q2 estimates

SEATTLE — Weyerhaeuser reported Q2 net earnings of $72 million, or $0.10 cents per diluted share, on net sales of $1.6 billion. That was down from net earnings of $128 million, or $0.17 cents per diluted share, on net sales of $1.7 billion for the same period last year. The results were however better than the Zacks Consensus Estimate of $0.01 per share.