Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
PotlatchDeltic Corporation (PCH)
NASDAQ:PCH
Earnings Data
Report Date
Apr 28, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.18Last Year’s EPS
0Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Jan 27, 2025
|% Change Since: 5.20%
|Next Earnings Date:Apr 28, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong performance in Real Estate and successful strategic initiatives like the Waldo sawmill modernization. However, these positives were balanced by challenges in the Wood Products segment and market dynamics affecting lumber demand. The company's outlook is cautiously optimistic, with improvements in lumber prices and significant progress in solar energy initiatives. The sentiment is balanced by ongoing challenges in the housing market due to high interest rates and variability in timberland harvests.Company Guidance
During the PotlatchDeltic Fourth Quarter 2024 Conference Call, the company provided a comprehensive overview of their financial performance and strategic outlook. The company reported an adjusted EBITDA of $232 million for 2024, with the Timberlands division contributing $139 million and the Real Estate segment generating $147 million. Despite facing challenges in the Wood Products segment, which saw an $8 million adjusted EBITDA loss for the year, the division improved to $9 million in the fourth quarter due to better lumber prices. The company harvested 7.6 million tons of timber and shipped over 1.1 billion board feet of lumber for the year. Looking ahead to 2025, PotlatchDeltic plans to harvest approximately 7.4 million tons and ship 1.2 billion board feet of lumber. The Waldo sawmill modernization is expected to increase capacity by 85 million board feet, reduce cash processing costs by 30%, and add $25 million in incremental EBITDA annually. The Real Estate segment's strong performance included the sale of 57,000 acres at $2,300 per acre and significant solar option contracts covering over 35,000 acres with an estimated net present value exceeding $400 million. The company remains cautiously optimistic about the 2025 lumber market, driven by improved supply-demand dynamics and fundamental housing market trends.Record Lumber Shipment Volume
PotlatchDeltic shipped over 1.1 billion board feet of lumber in 2024, setting a new annual shipment volume record despite downtime at the Waldo sawmill for modernization and expansion.
Strong Real Estate Performance
The Real Estate segment contributed $147 million in adjusted EBITDA for 2024, with significant land sales and a $6 million commercial land sale at $500,000 per acre.
Modernization of Waldo Sawmill
Successful modernization and expansion of the Waldo sawmill, expected to increase annual capacity by 85 million board feet, with a projected $25 million in incremental EBITDA annually.
Improvement in Lumber Prices
Lumber prices saw a notable increase, with the Random Lengths Lumber Composite spot price up $37 or 9% per thousand board feet in the fourth quarter.
Advancement in Solar Options
Solar option contracts doubled, covering over 35,000 acres with an NPV exceeding $400 million by year-end, with plans to expand further.
---
PCH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
PCH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 27, 2025 | $42.86 | $42.51 | -0.82% |
| Oct 28, 2024 | $41.85 | $40.09 | -4.21% |
| Jul 29, 2024 | $42.45 | $44.23 | +4.19% |
| Apr 29, 2024 | $39.68 | $38.78 | -2.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does PotlatchDeltic Corporation (PCH) report earnings?
PotlatchDeltic Corporation (PCH) is schdueled to report earning on Apr 28, 2025, TBA Not Confirmed.
What is PotlatchDeltic Corporation (PCH) earnings time?
PotlatchDeltic Corporation (PCH) earnings time is at Apr 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PCH EPS forecast?
PCH EPS forecast for the fiscal quarter 2025 (Q1) is 0.18.
---