CatchMark Scheduled to Release First Quarter 2021 Earnings on May 6, 2021
CatchMark Timber Trust (NYSE: CTT) is set to announce its first quarter 2021 earnings on May 6, 2021, after market close.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
CatchMark Timber Trust (NYSE: CTT) is set to announce its first quarter 2021 earnings on May 6, 2021, after market close. A conference call will be held on May 7, 2021 at 10 a.m. ET to discuss the results. The company focuses on delivering consistent cash flow from timberland management and strategic harvesting to maximize revenue. With interests in 1.5 million acres across several U.S. states, CatchMark aims for durable growth through disciplined acquisitions and management of timberlands.
Positive
- CatchMark owns interests in 1.5 million acres of timberlands.
- The company focuses on maximizing cash flows throughout business cycles.
Negative
- None.
Details
News Market Reaction – CTT
The recorded move for CTT in the trading session of this news was +1.44%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ATLANTA, April 8, 2021 /PRNewswire/ -- CatchMark Timber Trust, Inc. (NYSE: CTT) will release its first quarter 2021 earnings on Thursday, May 6, 2021, following the market close. The company will host a conference call and live webcast at 10 a.m. ET on Friday, May 7, 2021 to discuss these results.
Investors may listen to the conference call by dialing 1-888-347-1165 for U.S/Canada and 1-412-902-4276 for international callers. Participants should ask to be joined into the CatchMark call. Access to the live webcast is available at www.catchmark.com or here. A replay of this webcast will be archived on the company's website immediately after the call.
About CatchMark
CatchMark (NYSE: CTT) seeks to deliver consistent and growing per share cash flow from disciplined acquisitions and superior management of prime timberlands located in high demand U.S. mill markets. Concentrating on maximizing cash flows throughout business cycles, the company strategically harvests its high-quality timberlands to produce durable revenue growth and takes advantage of proximate mill markets, which provide a reliable outlet for merchantable inventory. Headquartered in Atlanta and focused exclusively on timberland ownership and management, CatchMark began operations in 2007 and owns interests in 1.5 million acres* of timberlands located in Alabama, Florida, Georgia, Oregon, South Carolina and Texas. For more information, visit www.catchmark.com.
* As of December 31, 2020
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SOURCE CatchMark Timber Trust, Inc.
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