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RBC Capital reiterates CatchMark at sector perform with US$8 target, noting Q1 adjusted EBITDA beat forecast on stronger-than-expected results from both timber, real estate; company off to strong start in 2022, like Weyerhaeuser, Rayonier and Potlatch
Published:
May 11, 2022
by RBC Capital Markets LLC
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RBC Capital downgrades PotlatchDeltic to sector perform from outperform and cuts target by US$5 to US$60, expects company to retain growing cash balance until end-2022 when it can determine size of special dividend to keep it onside with REIT requirements
Published:
April 29, 2022
by RBC Capital Markets LLC
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Potlatchdeltic Q1 2022 Earnings Call - Transcript
Published:
April 26, 2022
by Refinitiv
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PotlatchDeltic reports Q1 net income of US$163.9M on revenues of US$411.4M, up from year-ago income of US$131.1M on revenues of US$354.2M; CEO says company upbeat on lumber demand fundamentals despite rising interest rates
Published:
April 25, 2022
by PotlatchDeltic Corp.
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PotlatchDeltic to purchase group annuity contract from American General Life, and will transfer some US$70M of pension obligations, representing almost one quarter of company's qualified pension liability; participants’ pension benefits will not change
Published:
March 17, 2022
by PotlatchDeltic Corp.
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