October 23, 2013 in Idaho

Potlatch Corp. third-quarter earnings report

Timber real estate investment trust
Stock symbol:PCH
Reporting period: 3Q

Profit of $22.2 million

54 cents per share

Versus 3Q of 2012:

Profit of $18.6 million

46 cents per share

Revenue:$157.9 million
Analysis: Strong timber harvests, improving prices for sawlogs and an uptick in lumber shipments helped Potlatch’s third-quarter earnings, said CEO Mike Covey. Third-quarter results are traditionally the strongest for Potlatch, which owns timberlands in Arkansas, Idaho and Minnesota.

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

Get stories like this in a free daily email