PotlatchDeltic Corp (PCH) reports Q1 2023 net loss of $100k, vs Q4 2022 net income of $3.8M.

PotlatchDeltic shares gapped down prior to trading on Tuesday, opening at $44.63 after previously closing at $46.03. The company reported earnings results for the quarter, beating analysts' estimates by $0.01 EPS at $0.03. Revenue for the quarter was $254.5 million, compared to anticipated revenues of $241.00 million. PotlatchDeltic reported a net loss of $100,000, or nothing per diluted share, on revenues of $254.5 million for the quarter ended December 31. The business had a net margin of 6.46% and a return on equity of 1.98%.

January 30, 2024
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