Pope Resources LP Reveals 52% Rise In Q2 Earnings

(RTTNews) - Pope Resources LP (POPE) revealed a profit for its second quarter that rose from last year.

The company said its bottom line rose to $0.44 million, or $0.09 per share. This was up from $0.29 million, or $0.06 per share, in last year's second quarter.

The company said revenue for the quarter fell 8.6% to $12.71 million. This was down from $13.90 million last year.

Pope Resources LP earnings at a glance:

-Earnings (Q2): $0.44 Mln. vs. $0.29 Mln. last year. -Earnings Growth (Y-o-Y): 51.7% -EPS (Q2): $0.09 vs. $0.06 last year. -EPS Growth (Y-o-Y): 50.0% -Revenue (Q2): $12.71 Mln vs. $13.90 Mln last year. -Revenue Change (Y-o-Y): -8.6%