Potlatch Corporation (Holding Company) (PCH) - NASDAQ
  • Jan. 31, 2012, 3:37 PM

    Potlatch (PCH -7.3%) takes a hit after missing its Q4 estimates, swinging to a surprise loss on harvest deferrals due to depressed timber prices in its southern U.S. markets. The company also issues a cautious outlook for 2012, saying the housing market remains depressed and expects only a modest improvement in housing starts in 2012.

    | Jan. 31, 2012, 3:37 PM
Company Description
Potlatch Corp. operates as a real estate investment trust, which focuses on investments in real estate, including the sale of standing timber. It engages in real estate sales and development business and wood products manufacturing facilities that produce lumber and plywood. The company operates... More
Sector: Financial
Industry: REIT - Industrial
Country: United States