Potlatch Corp.
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. |