Arrow-right Camera


Potlatch Corp.

Wed., Jan. 29, 2014, midnight

Timber real estate investment trust

Stock symbol: PCH
Reporting period: 2013
Earnings: Profit of $70.6 million, or $1.73 per share

Versus 2012: Profit of $42.6 million, or $1.05 per share

Revenue: $570.3 million
Analysis: CEO Mike Covey attributed Potlatch’s increase in revenues to strong real estate sales, with 41 transactions closing during the fourth quarter, and better prices for sawlogs and wood products. A strengthening housing market in 2014 will continue to drive demand for logs and lumber, he said.


Click here to comment on this story »