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The Spokesman-Review Newspaper The Spokesman-Review

Spokane, Washington  Est. May 19, 1883
Clear Day 25° Clear
News >  Idaho

Potlatch Corp.

Timber real estate investment trust

Stock symbol:

PCH

Reporting period:

Q2

Earnings:

Profit of $711,000

2 cents per share

Versus Q2 2014:

Profit of $16.3 million

40 cents per share

Revenue: $128.7 million
Analysis: Depressed lumber prices during the first five months of 2015 and light harvests affected Potlatch’s earnings, said Chairman and CEO Mike Covey. He’s expecting a stronger performance for the second half of the year, based on recovering lumber prices, higher harvest volumes and strong sales of recreational property in Minnesota.
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