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Potlatch CorP.

Tue., Oct. 23, 2012

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.


 

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