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Weyerhaeuser Co (WY) CEO Devin Stockfish on Q1 2020 Results - Earnings Call Transcript

May 01, 2020 3:53 PM ETWeyerhaeuser Company (WY)11 Comments
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Weyerhaeuser Co (NYSE:WY) Q1 2020 Earnings Conference Call May 1, 2020 10:00 AM ET

Company Participants

Elizabeth Baum - VP, IR & Enterprise Planning

Devin Stockfish - President, CEO & Director

Russell Hagen - SVP & CFO

Conference Call Participants

Mark Weintraub - Seaport Global Securities

John Babcock - Bank of America Merrill Lynch

Derrick Laton - Goldman Sachs Group

Mark Wilde - BMO Capital Markets

Mark Connelly - Stephens Inc.

Steven Chercover - D.A. Davidson & Co.

Collin Mings - Raymond James & Associates

Randy Toth - Citigroup

Paul Quinn - RBC Capital Markets


Ladies and gentlemen, thank you for standing by, and welcome to the Weyerhaeuser First Quarter 2020 Earnings Conference Call. [Operator Instructions]. I would now like to hand the conference over to Beth Baum, Vice President of Investor Relations and Enterprise Planning. Thank you. Please go ahead.

Elizabeth Baum

Thank you, Jason. Good morning, everyone. Thank you for joining us today to discuss Weyerhaeuser's first quarter 2020 earnings. This call is being webcast at www.weyerhaeuser.com. Our earnings release and presentation materials can also be found on our website. Please review the warning statements in our press release and on the presentation slides concerning the risks associated with forward-looking statements, as forward-looking statements will be made during this conference call.

We will discuss non-GAAP financial measures, and a reconciliation of GAAP can be found in the earnings materials on our website. On the call this morning are Devin Stockfish, Chief Executive Officer; and Russell Hagen, Chief Financial Officer. I will now turn the call over to Devin Stockfish.

Devin Stockfish

Thanks, Beth. Good morning, everyone, and thank you for joining us today. I hope everyone is well and staying safe. I want to begin this morning by sending my heartfelt thanks to our Weyerhaeuser employees. We have remarkable people working for this company, and

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