Pope Resources (POPE) Reports Q1 EPS of $1.80

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Go back to Pope Resources (POPE) Reports Q1 EPS of $1.80

Pope Resources Reports First Quarter Income Of $7.8 Million

April 30, 2015 7:30 PM EDT

POULSBO, Wash., April 30, 2015 /PRNewswire/ -- Pope Resources (NASDAQ: POPE) reported net income attributable to unitholders of $7.8 million, or $1.80 per ownership unit, on revenue of $26.9 million for the quarter ended March 31, 2015.  This compares to net income attributable to unitholders of $12.2 million, or $2.75 per ownership unit, on revenue of $37.8 million for the comparable period in 2014.

Cash provided by operations for the quarter ended March 31, 2015 was $9.1 million, compared to $20.2 million for the first quarter of 2014.

"While comparisons with last year's record first quarter make it look otherwise, results for Q1 2015 were  solid,... More