PotlatchDeltic Q3 2024 Adj. EPS $0.04 Beats $(0.06) Estimate, Sales $255.131M Beat $241.063M Estimate
Portfolio Pulse from Benzinga Newsdesk
PotlatchDeltic reported Q3 2024 earnings of $0.04 per share, surpassing the expected loss of $0.06. Sales reached $255.131 million, exceeding the $241.063 million estimate, despite a 3.91% decrease from the previous year.
October 28, 2024 | 8:14 pm
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POSITIVE IMPACT
PotlatchDeltic's Q3 2024 earnings per share of $0.04 beat the expected loss of $0.06, and sales of $255.131 million exceeded estimates, indicating strong performance despite a year-over-year sales decline.
The better-than-expected earnings and sales figures are likely to positively impact PotlatchDeltic's stock price in the short term. Beating both EPS and sales estimates suggests operational strength, which is typically viewed favorably by investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100