Plum Creek Timber Q4 Profit Declines; Issues Q1, FY14 EPS Outlook - Quick Facts

(RTTNews) - Plum Creek Timber Co., Inc. (PCL) Monday reported fourth-quarter net income of $40 million or $0.24 per share, compared to $79 million or $0.49 per share in the same period last year.

On average, 12 analysts polled by Thomson Reuters expects the company to earn $0.29 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues declined to $331 million from $354 million last year, while ten analysts expected revenues of $326.24 million.

Looking ahead, the company expects to report first quarter earnings between $0.12 and $0.17 per share. Analysts currently expect first-quarter earnings of $0.36 per share.

For fiscal 2014, the company expects net income to be between $1.30 per share and $1.50 per share. Analysts currently expect fiscal 2014 earnings of $1.58 per share.