Potlatch Corp. Bottom Line Declines 34% In Q3

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

The company said its profit declined to $21.8 million, or $0.53 per share. This was down from $33.2 million, or $0.81 per share, in last year's third quarter.

Analysts had expected the company to earn $0.52 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 98476198.0% to $174.5 million. This was up from $177.2 last year.

Potlatch Corp. earnings at a glance:

-Earnings (Q3): $21.8 Mln. vs. $33.2 Mln. last year. -Earnings Decline (Y-o-Y): -34.3% -EPS (Q3): $0.53 vs. $0.81 last year. -EPS Decline (Y-o-Y): -34.6% -Analysts Estimate: $0.52 -Revenue (Q3): $174.5 Mln vs. $177.2 last year. -Revenue Change (Y-o-Y): 98476198.0%