Potlatch (PCH) Tops Q3 EPS by 6c

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PotlatchDeltic Corporation Reports Third Quarter 2019 Results

October 28, 2019 4:10 PM EDT

SPOKANE, Wash.--(BUSINESS WIRE)-- PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $20.6 million, or $0.30 per diluted share, on revenues of $226.3 million for the quarter ended September 30, 2019.

Third Quarter 2019 Highlights

Generated $55.0 million of Total Adjusted EBITDDA and Adjusted EBITDDA margin of 24% Wood Products set quarterly records for lumber production and shipment volumes

Our third quarter Adjusted EBITDDA was $55 million, as our businesses executed well on factors within their control, said Mike Covey, chairman and chief executive officer. Real Estate... More