Potlatch Corp. (PCH) Tops Q2 EPS by 2c
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Potlatch Corporation Reports Second Quarter 2015 Results
July 28, 2015 6:45 AM EDTSPOKANE, Wash., July 28, 2015 (GLOBE NEWSWIRE) -- Potlatch Corporation (Nasdaq: PCH) today reported net income of $711,000, or $0.02 per diluted share, on revenues of $128.7 million for the quarter ended June 30, 2015. Net income was $16.3 million, or $0.40 per diluted share, on revenues of $143.9 million in the second quarter of 2014.
"Our earnings were pressured in the second quarter as a result of the slide in lumber prices over the first five months of the year and seasonally light harvest volumes," said Mike Covey, chairman and chief executive officer. "While it took a bit... More
