PotlatchDeltic (PCH) Tops Q1 EPS by 69c

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Go back to PotlatchDeltic (PCH) Tops Q1 EPS by 69c

PotlatchDeltic Corporation Reports First Quarter 2022 Results

April 25, 2022 4:10 PM EDT

SPOKANE, Wash.--(BUSINESS WIRE)-- PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $163.9 million, or $2.35 per diluted share, on revenues of $411.4 million for the quarter ended March 31, 2022. Excluding after tax special items consisting of a non-cash pension settlement charge and a net loss on fire damage, adjusted net income was $174.6 million, or $2.50 per diluted share for the first quarter of 2022. Net income was $131.1 million, or $1.94 per diluted share, on revenues of $354.2 million for the quarter ended March 31, 2021.

First Quarter 2022 Highlights

Generated Total Adjusted EBITDDA of $245.6 million... More