Potlatch Corp.
Timberland and sawmill owner
| Stock symbol: PCH |
| Reporting period:
2Q |
| Earnings:
Profit of $5.1 million (13 cents per share) Versus 2Q 2011: Profit of $8.4 million (21 cents per share) |
| Revenue:
$117.5 million |
| Analysis: Strengthening demand for lumber helped the company’s wood products operations post their best quarter in more than five years, said Potlatch Chairman and CEO Mike Covey. Lumber prices are about 15 percent higher than last quarter. |