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Potlatch Corp. third-quarter earnings report

Wed., Oct. 23, 2013

Timber real estate investment trust

Stock symbol: PCH
Reporting period: 3Q
Earnings:

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.

 

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