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Pope Resources (POPE) Tops Q2 EPS by 3c

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Pope Resources Reports Second Quarter Income Of $436,000, Acquisition Of 7,324 Acres Of Washington Timberland, New Financing

August 8, 2016 9:00 AM EDT

POULSBO, Wash., Aug. 8, 2016 /PRNewswire/ -- Pope Resources (NASDAQ: POPE) reported net income attributable to unitholders of $436,000, or $0.09 per ownership unit, on revenue of $12.7 million for the quarter ended June 30, 2016.  This compares to net income attributable to unitholders of $289,000, or $0.06 per ownership unit, on revenue of $13.9 million for the comparable period in 2015.

Net loss attributable to unitholders for the six months ended June 30, 2016 totaled $599,000, or $0.15 per ownership unit, on revenue of $23.8 million.  For the six months ended June 30, 2015 the Partnership reported net income attributable to unitholders of $8.1 million, or $1.87 per... More