Welcome to our dedicated page for Potlatchdeltic Corporation news (Ticker: PCH), a resource for investors and traders seeking the latest updates and insights on Potlatchdeltic Corporation stock.
PotlatchDeltic Corporation (PCH) is a leading timberland REIT managing sustainable forests and manufacturing wood products across the U.S. This page aggregates official news and press releases, providing investors and stakeholders with timely resource for tracking corporate developments.
Access curated updates on earnings, strategic land transactions, and environmental initiatives. Monitor operational milestones across timberland management, manufacturing efficiency improvements, and real estate projects. All content is sourced directly from the company to ensure accuracy.
Key focus areas include sustainable harvesting practices, safety protocol enhancements, and community engagement through recreational leasing programs. Regular updates reflect PCH's integrated approach to balancing ecological responsibility with shareholder value creation.
Bookmark this page for streamlined access to PotlatchDeltic's latest announcements. Combine these updates with SEC filings and market analysis for comprehensive investment research.
PotlatchDeltic Corporation (Nasdaq: PCH) reported a net income of $16.3 million, or $0.20 per diluted share, on revenues of $258.0 million for Q1 2023. In comparison, Q1 2022 saw a net income of $163.9 million, or $2.35 per diluted share. Adjusted net income for Q1 2023, excluding merger-related expenses, was $18.5 million, or $0.23 per diluted share. The company generated a total adjusted EBITDDA of $57.7 million with a margin of 22%. Timberlands harvested a record of 2.1 million tons despite lower sawlog prices. Real Estate operations performed well, with 6,939 acres sold. The liquidity position remains strong at $625 million.
PotlatchDeltic Corporation (Nasdaq: PCH) announced the resignation of Jerry Richards, Vice President and Chief Financial Officer, effective April 19, 2023. Richards will assist in the transition until May 12, 2023. He has been with the company since 2013 and played a crucial role in its growth, including integrating Deltic Timber Corporation and CatchMark Timber Trust, Inc. The company will initiate a search for a new CFO, with Wayne Wasechek serving as Interim CFO and Chief Accounting Officer. Importantly, Richards' departure is not linked to any disputes over corporate strategy or financial disclosures. PotlatchDeltic is a leading REIT with nearly 2.2 million acres of timberland across several states and engages in sustainable forest management.
PotlatchDeltic Corporation (NASDAQ: PCH) will release its first quarter earnings on April 24, after market close. A live conference call and webcast to discuss these results is scheduled for April 25 at 9:00 a.m. PT (12:00 p.m. ET). Investors can access the webcast via the company’s website by navigating to the Investors section or by calling designated numbers for participation.
PotlatchDeltic, a leading Real Estate Investment Trust, manages nearly 2.2 million acres of timberlands across several states, alongside operating sawmills and a real estate development business.
PotlatchDeltic Corporation (Nasdaq: PCH) announced that
The conferences include the Raymond James 44th Annual Institutional Investors Conference on March 6 at 2:50 PM ET and the Citi 28th Annual Global Property CEO Conference on March 7 at 9:15 AM ET. Additionally, there will be meetings at the BofA Securities Global Agriculture and Materials Conference on March 2, 2023.
Investors can access live webcasts of the presentations on the company’s website.
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