Potlatch Corp. Bottom Line Rises 27% In Q3

(RTTNews) - Potlatch Corp. (PCH) announced earnings for its third quarter that rose from last year.

The company said its bottom line rose to $27.65 million, or $0.68 per share. This was higher than $21.80 million, or $0.53 per share, in last year's third quarter.

Analysts had expected the company to earn $0.65 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.3% to $174.03 million. This was down from $174.48 million last year.

Potlatch Corp. earnings at a glance:

-Earnings (Q3): $27.65 Mln. vs. $21.80 Mln. last year. -Earnings Growth (Y-o-Y): 26.8% -EPS (Q3): $0.68 vs. $0.53 last year. -EPS Growth (Y-o-Y): 28.3% -Analysts Estimate: $0.65 -Revenue (Q3): $174.03 Mln vs. $174.48 Mln last year. -Revenue Change (Y-o-Y): -0.3%