Forest products company Weyerhaeuser Co
For the period ended June 30, the company posted a net loss of $106 million, or 50 cents per share, compared with a loss $96 million, or 45 cents per share, in the year-earlier period.
Excluding one-time items, Weyerhaeuser posted a loss of 59 cents per share, beating analysts expectations for a loss of 69 cents, according to Reuters Estimates.
Sales at the Federal Way, Washington-based company fell 36 percent to $1.39 billion.
(Reporting by Matt Daily and Ernest Schneyder; Editing by Derek Caney)