Potlatchdeltic Corp reports results for the quarter ended December 31 - Earnings Summary

• Potlatchdeltic Corp PCH.OQ reported quarterly adjusted earnings of 7 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of seven analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -5 cents to 1 cents per share.

• Revenue rose 1.4% to $258.15 million from a year ago; analysts expected $246.53 million.

• Potlatchdeltic Corp's reported EPS for the quarter was 7 cents​.

• The company reported quarterly net income of $5.19 million.

• Potlatchdeltic Corp shares had risen by 6.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 88.5% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the specialized reits peer group is also "buy"

Wall Street's median 12-month price target for Potlatchdeltic Corp is $49.50

This summary was machine generated from LSEG data January 27 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)