CatchMark Reports Third Quarter 2019 Results, Declares Dividend

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Go back to CatchMark Reports Third Quarter 2019 Results, Declares Dividend

Catchmark Timber Trust (CTT) Tops Q3 EPS by 14c

October 31, 2019 4:25 PM EDT

Catchmark Timber Trust (NYSE: CTT) reported Q3 EPS of ($0.42), $0.14 better than the analyst estimate of ($0.56). Revenue for the quarter came in at $26.4 million versus the consensus estimate of $28.19 million.

Jerry Barag, CatchMark's Chief Executive Officer, said: "In meeting our business plan, third quarter registered across-the-board, year-over-year increases on revenues, harvest volumes, timber sales, and pulpwood pricing. In addition, our timber sales pricing continued to beat market averages. We... More