Potlatch (PCH) Tops Q4 EPS by 4c
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Potlatch Corporation Reports Fourth Quarter and Full Year 2016 Results
January 31, 2017 6:45 AM ESTSPOKANE, Wash., Jan. 31, 2017 (GLOBE NEWSWIRE) -- Potlatch Corporation (Nasdaq: PCH) today reported net income of $14.4 million, or $0.35 per diluted share, on revenues of $155.7 million for the quarter ended December 31, 2016. This compares to net income of $3.5 million, or $0.09 per diluted share, on revenues of $138.0 million in the fourth quarter of 2015.
Net income for the full year of 2016 was $10.9 million, or $0.27 per diluted share, on revenues of $599.1 million. Excluding the after-tax loss of $36.7 million ($0.89 per diluted share) on the previously announced sale of 172,000 acres in central Idaho, 2016 net income was $47.6... More
