Pope Resources LP Q2 Income Falls 64%

(RTTNews) - Pope Resources LP (POPE) announced earnings for second quarter that fell from last year.

The company said its bottom line fell to $0.16 million, or $0.03 per share. This was lower than $0.44 million, or $0.09 per share, in last year's second quarter.

The company said revenue for the quarter rose 25.0% to $15.89 million. This was up from $12.71 million last year.

Pope Resources LP earnings at a glance:

-Earnings (Q2): $0.16 Mln. vs. $0.44 Mln. last year. -Earnings Decline (Y-o-Y): -63.6% -EPS (Q2): $0.03 vs. $0.09 last year. -EPS Decline (Y-o-Y): -66.7% -Revenue (Q2): $15.89 Mln vs. $12.71 Mln last year. -Revenue Change (Y-o-Y): 25.0%