Potlatch (PCH) Tops Q2 EPS by 2c, Revenues Beat
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PotlatchDeltic Corporation Reports Second Quarter 2020 Results
July 27, 2020 4:10 PM EDTSPOKANE, Wash.--(BUSINESS WIRE)-- PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $2.6 million, or $0.04 per diluted share, on revenues of $181.6 million for the quarter ended June 30, 2020. Net income was $17.1 million, or $0.25 per diluted share, on revenues of $215.6 million for the quarter ended June 30, 2019.
Second Quarter 2020 Highlights
Generated $35.3 million of Total Adjusted EBITDDA and Total Adjusted EBITDDA margin of 19% Announced agreement to sell ~72,000 acres in Minnesota for ~$48 million Maintained strong liquidity of $460 million as of Q2 2020"Our employees did an... More
