Potlatchdeltic Corp reports results for the quarter ended in March - Earnings Summary

Potlatchdeltic

30/04/2024 03:27

* Potlatchdeltic Corp  PCH.OQ  reported quarterly breakeven
results​​ per share for the quarter ended in March, lower than
the same quarter last year, when the company reported EPS of 23
cents.  The mean expectation of eight analysts for the quarter
was for earnings of one cent per share. Wall Street expected
results to range from -5 cents to 19 cents per share.
    * Revenue fell 11.6% to $228.13 million from a year ago;
analysts
expected $229.54 million. 
    * Potlatchdeltic Corp's reported EPS for the quarter was
breakeven
results​.
    * The company reported a quarterly loss of $305 thousand.
    * Potlatchdeltic Corp shares had fallen by 12.7% this
quarter and
lost 16.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 89.9%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the specialized
reits
peer group is  "hold."

Wall Street's median 12-month price target for Potlatchdeltic
Corp is $53.00 
This summary was machine generated from LSEG data April 30 at
02:27 a.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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.01           0.00           Missed
 Dec. 31 2023      0.03           0.00           Missed
 Sep. 30 2023      0.19           0.29           Beat
 Jun. 30 2023      0.08           0.06           Missed