* Potlatchdeltic Corp reported quarterly adjusted earnings of 4 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 29 cents. The mean expectation of eight analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -12 cents to -1 cents per share.
* Revenue fell 3.9% to $255.13 million from a year ago; analysts expected $241.06 million.
* Potlatchdeltic Corp's reported EPS for the quarter was 4 cents.
* The company reported quarterly net income of $3.31 million.
* Potlatchdeltic Corp shares had fallen by 6.3% this quarter and lost 14.0% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 496% in the last three months.
* In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the specialized reits peer group is also "buy"
Wall Street's median 12-month price target for Potlatchdeltic Corp is 51.00 This summary was machine generated from LSEG data October 29 at 02:31 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 -0.06 0.04 Beat
Jun. 30 2024 0.16 0.17 Beat
Mar. 31 2024 0.01 0.00 Missed
Dec. 31 2023 0.03 0.00 Missed
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