PotlatchDeltic Corporation (PCH) Q1 2025 Earnings Call Transcript
PotlatchDeltic Corporation (NASDAQ:PCH ) Q1 2025 Earnings Conference Call April 29, 2025 12:00 PM ET Company Participants Wayne Wasechek - VP and CFO Eric Cremers - President and CEO Conference Call Participants Ketan Mamtora - BMO Anthony Pettinari - Citi George Staphos - Bank of America Mark Weintraub - Seaport Research Partners Buck Horne - Raymond James Matthew McKellar - RBC Capital Markets Mike Roxland - Truist Securities Operator Good morning. My name is Rob, and I will be your conference operator today.
Is Potlatch (PCH) Outperforming Other Construction Stocks This Year?
Here is how Potlatch (PCH) and Watsco (WSO) have performed compared to their sector so far this year.
Potlatch (PCH) Upgraded to Strong Buy: What Does It Mean for the Stock?
Potlatch (PCH) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
PotlatchDeltic: Higher Lumber Prices Seems Inevitable At This Point
I rate PotlatchDeltic Corporation a buy due to a positive outlook for timber prices, driving asset appreciation and operating income growth. PCH's healthy balance sheet and history of rewarding shareholders with special dividends make it an attractive investment, especially with expected dividends in 2025. The Canada-US tariff war is likely to increase local timber prices, benefiting PCH's southern operations and supporting higher profitability.
PotlatchDeltic Corporation (PCH) Q4 2024 Earnings Call Transcript
PotlatchDeltic Corporation (NASDAQ:PCH ) Q4 2024 Earnings Conference Call January 28, 2025 12:00 PM ET Company Participants Wayne Wasechek - Vice President and CFO Eric Cremers - President and CEO Conference Call Participants George Staphos - Bank of America Ketan Mamtora - BMO Nico Piccini - Truist Securities Gregory Andreopoulos - Citi Mark Weintraub - Seaport Research Partners Matthew McKellar - RBC Capital Markets Kurt Yinger - D.A. Davidson Operator Good morning.
PotlatchDeltic to Report Q4 Earnings: What's in Store for the Stock?
PCH's fourth-quarter 2024 results are expected to reflect the returns of seasonal trends and increased costs and expenses. Dive in to know more about the stock ahead of earnings.
Potlatch (PCH) Upgraded to Buy: Here's Why
Potlatch (PCH) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
PotlatchDeltic Positioned To Have Earnings Bump When Lumber Prices Normalize
PotlatchDeltic Corporation is undervalued, trading at 73% of NAV, with potential for EBITDA to nearly double due to favorable lumber market conditions. Lumber supply is declining due to mill closures, while demand is increasing, leading to higher lumber prices and benefiting PCH's earnings. Timber REITs, like PCH, have cost advantages from owning timberlands, allowing them to remain profitable and gain market share as competitors struggle.
PotlatchDeltic: Great Point To Exit This REIT
PCH's cash flow remains weak despite high timber prices, with adjusted EBITDA annualized at just $180 million against a $4.5 billion enterprise value. Dividends and buybacks are not financed by cash flows, with only $6.3 million available for distribution against $142 million in dividends. We tell you the most important reason why we are downgrading this to a hold and where and when we would short the stock.
Potlatch (PCH) Upgraded to Buy: Here's What You Should Know
Potlatch (PCH) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
PotlatchDeltic Corporation (PCH) Q3 2024 Earnings Call Transcript
PotlatchDeltic Corporation (NASDAQ:PCH ) Q3 2024 Earnings Conference Call October 29, 2024 12:00 PM ET Company Participants Wayne Wasechek - Vice President and Chief Financial Officer Eric Cremers - President and Chief Executive Officer Conference Call Participants Anthony Pettinari - Citi Ketan Mamtora - BMO George Staphos - Bank of America Matthew McKellar - RBC Capital Markets Mark Weintraub - Seaport Research Partners Niccolo Piccini - Truist Securities Operator Good morning. My name is John, and I'll be your conference operator today.
Potlatch (PCH) Beats Q3 Earnings and Revenue Estimates
Potlatch (PCH) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to earnings of $0.14 per share a year ago.
