Potlatch Reports Fourth-Quarter Profit, Exceeding Expectations

SPOKANE, Wash. — Potlatch Corp. (PCH) announced net income of $5.2 million in its fourth quarter, equating to earnings per share of 7 cents. This surpassed analysts' forecasts, with Zacks Investment Research predicting a breakeven per share.

Revenue for the period reached $258.1 million, also exceeding estimates of $241.2 million from three Zacks analysts.

For the full year, the company reported a profit of $21.9 million, or 28 cents per share, on revenue of $1.06 billion.

Please consult Zacks Investment Research for further analysis on PCH stock performance: https://www.zacks.com/ap/PCH