Potlatch Corp. Reveals 40% Rise In Q3 Profit

(RTTNews) - Potlatch Corp. (PCH) revealed a profit for its third quarter that climbed from last year.

The company said its bottom line totaled $38.7 million, or $0.94 per share. This was higher than $27.6 million, or $0.68 per share, in last year's third quarter.

Analysts had expected the company to earn $0.90 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 9.4% to $190.4 million. This was up from $174.0 million last year.

Potlatch Corp. earnings at a glance:

-Earnings (Q3): $38.7 Mln. vs. $27.6 Mln. last year. -Earnings Growth (Y-o-Y): 40.2% -EPS (Q3): $0.94 vs. $0.68 last year. -EPS Growth (Y-o-Y): 38.2% -Analysts Estimate: $0.90 -Revenue (Q3): $190.4 Mln vs. $174.0 Mln last year. -Revenue Change (Y-o-Y): 9.4%