PotlatchDeltic (PCH) Misses Q3 EPS by 26c

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PotlatchDeltic Corporation Reports Third Quarter 2021 Results

October 25, 2021 4:10 PM EDT

SPOKANE, Wash.--(BUSINESS WIRE)-- PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $65.7 million, or $0.97 per diluted share, on revenues of $287.3 million for the quarter ended September 30, 2021. Excluding a net gain on insurance recoveries, Adjusted Net Income was $62.4 million, or $0.92 per diluted share for the third quarter of 2021. Net income was $81.0 million, or $1.20 per diluted share, on revenues of $313.0 million for the quarter ended September 30, 2020.

Third Quarter 2021 Highlights

Generated Total Adjusted EBITDDA of $107.2 million and Total Adjusted EBITDDA margin of 37% Lumber... More