Potlatch Corp. (PCH) Tops Q3 EPS by 2c

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Go back to Potlatch Corp. (PCH) Tops Q3 EPS by 2c

Potlatch Corporation Reports Third Quarter 2015 Results

October 27, 2015 6:45 AM EDT

SPOKANE, Wash., Oct. 27, 2015 (GLOBE NEWSWIRE) -- Potlatch Corporation (Nasdaq: PCH) today reported net income of $21.8 million, or $0.53 per diluted share, on revenues of $174.5 million for the quarter ended September 30, 2015.  Net income was $33.2 million, or $0.81 per diluted share, on revenues of $177.2 million in the third quarter of 2014.

"While our consolidated results were up significantly in the third quarter relative to the second quarter due to seasonally higher harvest volumes, sequentially lower lumber prices provided a headwind," said Mike Covey. "We are encouraged by increases in lumber prices the last few... More