A sense that the Federal Reserve will slow the pace of interest rate hikes may be part of the reason real estate investment trusts (REITs) Park Hotels & Resorts Inc. and Weyerhaeuser Co. closed higher last week and hit new three-month highs.
Weyerhaeuser (NYSE:WY) reported quarterly earnings of $0.42 per share which beat the analyst consensus estimate of $0.18 by 133.33 percent. This is a 14.29 percent decrease over earnings of $0.49 per share from the same