July 25, 2013 in Idaho

Earnings: Potlatch Corp.

Timber real estate investment trust
Stock symbol: PCH
Reporting period: 2Q

Profit of $19.2 million

47 cents per share

Versus 2Q 2012:

Profit of $5.1 million

13 cents per share

Revenue: $133.2 million
Analysis: Potlatch’s wood products segment had its best quarter in nearly a decade, said CEO Mike Covey. Lumber prices peaked in April, coinciding with a large number of shipments by the company.

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

Get stories like this in a free daily email