SPOKANE, Wash. (AP) — SPOKANE, Wash. (AP) — Potlatch Corp. (PCH) on Monday reported third-quarter earnings of $3.3 million.
On a per-share basis, the Spokane, Washington-based company said it had profit of 4 cents.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share.
The timberland owner and wood products company posted revenue of $255.1 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $239.4 million.
_____
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
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
