Potlatch CorP.
Timberland and sawmill owner
Stock symbol:
PCH |
Reporting period:
3Q |
Earnings:
Profit of $18.6 million 46 cents per share
Versus 3Q 2011: Profit of $25.6 million 63 cents per share |
Revenue:
$151.9 million |
Analysis:
Strong wood products demand continued in the third quarter. Improved lumber markets are improving product prices, especially in Idaho. Looking to 2013, the company expects housing starts to keep climbing and log and lumber prices to firm up. |