PotlatchDeltic Q2 2024 Adj. EPS $0.17 Beats $0.16 Estimate, Sales $320.671M Beat $304.760M Estimate
Portfolio Pulse from Benzinga Newsdesk
PotlatchDeltic (NASDAQ:PCH) reported Q2 2024 adjusted EPS of $0.17, beating the estimate of $0.16. Sales were $320.671M, surpassing the $304.760M estimate. EPS increased by 183.33% YoY, and sales grew by 30.30% YoY.
July 29, 2024 | 8:22 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
PotlatchDeltic reported strong Q2 2024 results with EPS of $0.17 beating estimates and a significant YoY increase in both EPS and sales. This positive performance is likely to boost investor confidence and drive the stock price up in the short term.
The company's strong financial performance, with both EPS and sales exceeding analyst estimates and showing significant year-over-year growth, is likely to positively impact the stock price. Investors typically respond favorably to such earnings beats and growth metrics.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100