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Potlatch: Q4 Earnings Snapshot

Potlatch: Q4 Earnings Snapshot

By AP News
Published - Jan 29, 2024, 05:12 PM ET
Last Updated - Jan 29, 2024, 05:12 PM EST

SPOKANE, Wash. (AP) — SPOKANE, Wash. (AP) — Potlatch Corp. (PCH) on Monday reported a loss of $140,000 in its fourth quarter.

On a per-share basis, the Spokane, Washington-based company said it had a loss of less than 1 cent.

The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The timberland owner and wood products company posted revenue of $254.5 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $239.8 million.

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