Plum Creek Timber Q4 Profit Rises - Quick Facts

(RTTNews) - Plum Creek Timber Company Inc. (PCL) reported fourth-quarter net income of $68 million or $0.39 per share, compared to $40 million or $0.24 per share, prior year. The company noted that its fourth-quarter earnings include $2 million after-tax, or $0.01 per share of insurance recoveries related to the fire at the medium density fiberboard (MDF) plant in Montana earlier in the year.

On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $0.34 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $428 million from $331 million last year. Analysts expected revenue of $411.21 million for the quarter.

The company expects 2015 net income to be between $1.05 and $1.30 per share. Analysts expect the company to report full year 2015 earnings per share of $1.27.

The company expects to report first quarter net income between $0.20 and $0.25 per share. Analysts expect the company to report first-quarter earnings per share of $0.27.