October 23, 2012 in Business

Potlatch CorP.

Timberland and sawmill owner
 
Stock symbol:

PCH

Reporting period:

3Q

Earnings:

Profit of $18.6 million

46 cents per share

Versus 3Q 2011:

Profit of $25.6 million

63 cents per share

Revenue:

$151.9 million

Analysis:

Strong wood products demand continued in the third quarter. Improved lumber markets are improving product prices, especially in Idaho. Looking to 2013, the company expects housing starts to keep climbing and log and lumber prices to firm up.


Thoughts and opinions on this story? Click here to comment >>

Get stories like this in a free daily email