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

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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