Potlatch Corp. (PCH) Misses Q1 EPS by 9c
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Potlatch Corporation Reports First Quarter 2015 Results
April 22, 2015 6:45 AM EDTSPOKANE, Wash., April 22, 2015 (GLOBE NEWSWIRE) -- Potlatch Corporation (Nasdaq: PCH) today reported net income of $5.7 million, or $0.14 per diluted share, on revenues of $134.1 million for the quarter ended March 31, 2015. Net income was $20.3 million, or $0.50 per diluted share, on revenues of $139.6 million in the first quarter of 2014.
"We are surprised and disappointed that lumber prices have fallen since the start of the year," said Mike Covey, chairman and chief executive officer. "We believe that the U.S. housing recovery will continue and that building activity will increase to at least 1.1... More
Potlatch Corporation Reports First Quarter 2015 Results
April 22, 2015 6:45 AM EDTSPOKANE, Wash., April 22, 2015 (GLOBE NEWSWIRE) -- Potlatch Corporation (Nasdaq: PCH) today reported net income of $5.7 million, or $0.14 per diluted share, on revenues of $134.1 million for the quarter ended March 31, 2015. Net income was $20.3 million, or $0.50 per diluted share, on revenues of $139.6 million in the first quarter of 2014.
"We are surprised and disappointed that lumber prices have fallen since the start of the year," said Mike Covey, chairman and chief executive officer. "We believe that the U.S. housing recovery will continue and that building activity will increase to at least 1.1... More
