Potlatchdeltic Corp reports results for the quarter ended in September 30 - Earnings Summary

Potlatchdeltic

29/10/2024 02:31

* Potlatchdeltic Corp  PCH.OQ  reported quarterly adjusted
earnings of 4 cents​​ per share for the quarter ended September
30, lower than the same quarter last year, when the company
reported EPS of 29 cents.  The mean expectation of
eight analysts for the quarter was for a loss of 6 cents per
share. Wall Street expected results to range from -12 cents
to -1 cents per share.
    * Revenue fell 3.9% to $255.13 million from a year ago;
analysts
expected $241.06 million. 
    * Potlatchdeltic Corp's reported EPS for the quarter was 4
cents​.
    * The company reported quarterly net income of $3.31
million.
    * Potlatchdeltic Corp shares had fallen by 6.3% this
quarter and
lost 14.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 496%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"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 51.00 
This summary was machine generated from LSEG data October 29 at
02:31 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
 Sep. 30 2024      -0.06          0.04           Beat
 Jun. 30 2024      0.16           0.17           Beat
 Mar. 31 2024      0.01           0.00           Missed
 Dec. 31 2023      0.03           0.00           Missed