Aug 02, 2010. /Lesprom Network/. Weyerhaeuser Company reported net earnings of $14 million for the 2Q, or 7 cents per diluted share, on net sales of $1.8 billion. Revenue increased nearly 30%. This compares with a net loss of $106 million, or 50 cents per share, on net sales from continuing operations of $1.4 billion for the same period last year, the company said in a statement received by Lesprom Network. The timberlands segment’s earnings declined in the 2Q compared to the 1Q, as lower earnings from disposition of non-strategic timberlands were partially offset by increased earnings from operations. 2Q included pre-tax gains of $14 million from disposition of non-strategic timberlands, compared to $31 million in the 1Q. Losses related to international operations were $4 million in the 2Q, unchanged from 1Q levels. Weyerhaeuser continues to defer timber harvest. Excluding the disposition of non-strategic timberlands, Weyerhaeuser expects 3Q operating earnings from the segment to be lower than 2Q. The company expects lower log prices and seasonally higher silviculture costs. Weyerhaeuser Company, one of the world’s largest forest products companies.