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PotlatchDeltic Corp (PCH.OQ)

PCH.OQ on NASDAQ Stock Exchange Global Select Market

45.72USD
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Change (% chg)

$0.47 (+1.05%)
Prev Close
$45.25
Open
$45.30
Day's High
$45.92
Day's Low
$45.25
Volume
26,644
Avg. Vol
133,925
52-wk High
$56.35
52-wk Low
$43.85

Latest Key Developments (Source: Significant Developments)

Potlatchdeltic Corporation Reports Qtrly EPS Of $0.73
Monday, 30 Jul 2018 

July 30 (Reuters) - PotlatchDeltic Corp ::ORATION REPORTS SECOND QUARTER 2018 RESULTS.Q2 EARNINGS PER SHARE $0.73.Q2 REVENUE $268.2 MILLION VERSUS I/B/E/S VIEW $268.2 MILLION.Q2 EARNINGS PER SHARE VIEW $0.69 -- THOMSON REUTERS I/B/E/S.QTRLY ADJUSTED NET INCOME PER DILUTED SHARE $0.75.ON TRACK WITH $50 MILLION IN AFTER-TAX ANNUAL CASH SYNERGY RUN RATE IN YEAR TWO AFTER MERGER WITH DELTIC TIMBER."LUMBER PRICES ARE PULLING BACK FROM AN ALL-TIME PEAK BUT ARE STILL ROBUST".  Full Article

Potlatchdeltic Says Terminated Its Principal Accounting Officer
Friday, 11 May 2018 

May 11 (Reuters) - PotlatchDeltic Corp ::POTLATCHDELTIC SAYS ON MAY 7, CO TERMINATED STEPHANIE A. BRADY, CONTROLLER AND PRINCIPAL ACCOUNTING OFFICER - SEC FILING.TRANSFERRED DUTIES OF PRINCIPAL ACCOUNTING OFFICER TO JERALD W. RICHARDS, VICE PRESIDENT AND CHIEF FINANCIAL OFFICER.  Full Article

Potlatch-if deal terminated‍​ on Co's board's recommendation, Deltic Timber get $66 mln termination fee
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Deltic Timber Corp :Potlatch - if deal terminated‍​ due to change in recommendation by Co's board, Co to pay deltic timber $66 million termination fee - SEC filing.Potlatch - if deal terminated‍​ due to change in recommendation by Deltic Timber's board, Deltic Timber to pay Co termination fee of $33 million.  Full Article

Potlatch Corp reports Q3 earnings per share $0.82
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Potlatch Corp :Potlatch Corporation reports third quarter 2017 results.Q3 adjusted earnings per share $0.94 excluding items.Q3 earnings per share $0.82.Q3 revenue $190.4 million versus I/B/E/S view $190.5 million.Q3 earnings per share view $0.90 -- Thomson Reuters I/B/E/S.  Full Article

Potlatch board increases dividend 7%
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Potlatch Corp :Potlatch board increases dividend 7%.Sets dividend of $0.40per share.  Full Article

Potlatch and Deltic Timber to combine to create leading timberland REIT and lumber manufacturer
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Potlatch Corp :Press release - potlatch and deltic timber to combine to create leading timberland reit and lumber manufacturer.Potlatch Corp - ‍Potlatch raises annual dividend from $1.50 to $1.60 per share​.Potlatch Corp - ‍Share repurchase authorization of $54 million remains in place​.Potlatch Corp - ‍Combined co is expected to have a pro forma equity market capitalization of about $3.3 billion and a total enterprise value of over $4.0 billion​.Potlatch Corp - ‍Deltic stockholders will receive 1.80 common shares of potlatch stock for each common share of deltic that they own​.Potlatch Corp - ‍Following close of transaction, Potlatch stockholders will own approximately 65% of combined company​.Potlatch Corp - ‍Following close of transaction, Deltic stockholders will own approximately 35% of combined co on a fully diluted basis​.Potlatch Corp - ‍Agreement also provides for Deltic to convert to a REIT structure, effective at closing date of transaction​.Potlatch Corp - ‍Combined company expects to realize approximately $50 million after-tax cash synergies and operational efficiencies​.Potlatch Corp - ‍Board of combined company will comprise eight directors from Potlatch and four directors from Deltic​.Potlatch Corp - ‍Both companies intend to maintain dividend payments through completion of transaction​.Potlatch - ‍As part of REIT conversion process, Deltic's accumulated earnings & profits to be distributed to combined co stockholders through dividend.  Full Article

BRIEF-Potlatchdeltic Corp Reports Q1 EPS $0.29

* Q1 REVENUE $199.9 MILLION VERSUS I/B/E/S VIEW $175.1 MILLION