Plum Creek Timber (PCL) Reports Q4 EPS of $0.19

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Plum Creek Reports Results for Fourth Quarter and Full Year 2015

February 3, 2016 4:20 PM EST

SEATTLE--(BUSINESS WIRE)-- Plum Creek Timber Company, Inc. (NYSE: PCL) today announced fourth quarter earnings of $34 million, or $0.19 per diluted share, on revenues of $323 million. Results include approximately $8 million, or $0.04 per diluted share, of transaction costs directly related to the pending merger with Weyerhaeuser Company (NYSE: WY).

Earnings for the fourth quarter of 2014 were $68 million, or $0.39 per share, on revenues of $428 million. Results for the fourth quarter of 2014 included $2 million after-tax, or $0.01 per diluted share, of insurance recoveries related to the June 2014 fire at the companys medium... More