Potlatch (PCH) Tops Q3 EPS by 7c, Revenues Beat
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PotlatchDeltic Corporation Reports Third Quarter 2020 Results
October 26, 2020 4:10 PM EDTSPOKANE, Wash.--(BUSINESS WIRE)-- PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $81.0 million, or $1.20 per diluted share, on revenues of $313.0 million for the quarter ended September 30, 2020. Net income was $20.6 million, or $0.30 per diluted share, on revenues of $226.3 million for the quarter ended September 30, 2019.
Third Quarter 2020 Highlights
Generated record quarterly Total Adjusted EBITDDA of $135.4 million and Total Adjusted EBITDDA margin of 43% Historic lumber prices drove Wood Products record quarterly Adjusted EBITDDA performance Timberlands set quarterly records for harvest volume and Adjusted EBITDDA Expanded... More