Weyerhaeuser posts Q1 loss after charge

26 April 2006 – Federal Way (WA): Weyerhaeuser has posted a Q1 loss of $580 million, or $2.36 per share, compared with earnings of $239 million, or EPS of $0.98, a year earlier.
 
The results included a huge goodwill impairment charge on its fine paper business, which the company said it may sell. Excluding the goodwill impairment of $746 million, or EPS of $3.03, the company earned $166 million, or EPS of $0.67.