Catchmark Timber Trust (CTT) Tops Q4 EPS by 3c

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CatchMark Announces Fourth Quarter and Full-Year 2019 Results, Declares First Quarter 2020 Dividend and Provides 2020 Guidance

February 13, 2020 4:05 PM EST

ATLANTA, Feb. 13, 2020 /PRNewswire/ -- 

Fueled by increased year-over-year timber sales from higher harvest volumes and sawtimber mix, CatchMark Timber Trust, Inc. (NYSE: CTT) today reported a significant increase in total revenues, a sharply lower net loss, and a substantial increase in Adjusted EBITDA for fourth quarter 2019 compared to fourth quarter 2018.

For full-year 2019 compared to 2018, CatchMark also... More