Potlatch: Q1 Earnings Snapshot
SPOKANE, Wash. (AP) _ Potlatch Corp. (PCH) on Monday reported first-quarter earnings of $163.9 million.
On a per-share basis, the Spokane, Washington-based company said it had net income of $2.35. Earnings, adjusted for non-recurring costs, were $2.50 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.14 per share.
The timberland owner and wood products company posted revenue of $411.4 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PCH at https://www.zacks.com/ap/PCH