Potlatch (PCH) Tops Q3 EPS by 5c

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Go back to Potlatch (PCH) Tops Q3 EPS by 5c

Potlatch Corporation Reports Third Quarter 2017 Results

October 23, 2017 7:01 AM EDT

SPOKANE, Wash., Oct. 23, 2017 (GLOBE NEWSWIRE) -- Potlatch Corporation (Nasdaq: PCH) today reported net income of $33.7 million, or $0.82 per diluted share, on revenues of $190.4 million for the quarter ended September 30, 2017. Excluding amounts related to a lumber swap and an environmental claim related to Avery Landing, adjusted net income was $38.7 million, or $0.94 per diluted share for the third quarter of 2017. Net income was $27.6 million, or $0.68 per diluted share, on revenues of $174.0 million in the quarter ended September 30, 2016.

Our geographical diversity was apparent in our strong third quarter results, which were driven... More