Potlatch Corp. (PCH) Tops Q4 EPS by 5c

Go back to Potlatch Corp. (PCH) Tops Q4 EPS by 5c

Potlatch Corporation Reports Fourth Quarter and Full Year 2014 Results

January 28, 2015 6:30 AM EST

SPOKANE, Wash., Jan. 28, 2015 (GLOBE NEWSWIRE) -- Potlatch Corporation (Nasdaq: PCH) today reported net income of $20.1 million, or $0.49 per diluted share, on revenues of $146.2 million for the quarter ended December 31, 2014. Excluding transaction-related expenses of $0.4 million and nonrecurring tax benefits of $1.9 million, fourth quarter 2014 earnings were $18.6 million, or $0.45 per diluted share. Net income was $13.7 million, or $0.34 per diluted share, on revenues of $140.0 million in the fourth quarter of 2013.

Net income for the full year of 2014 was $89.9 million, or $2.20 per diluted share, on revenues of $607.0 million. This compares to net income of $70.6 million, or $1.73... More