Investing.com - PotlatchDeltic (NASDAQ:PCH) reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
PotlatchDeltic announced earnings per share of $0.74 on revenue of $306.70. Analysts polled by Investing.com anticipated EPS of $0.70 on revenue of $297.66M.
PotlatchDeltic shares are down 24.37% from the beginning of the year, still down 27.77% from its 52 week high of $61.51 set on December 17, 2021.
PotlatchDeltic shares lost 0.74% in after-hours trade following the report.
PotlatchDeltic follows other major Real Estate sector earnings this month
PotlatchDeltic's report follows an earnings beat by Prologis on Wednesday, who reported EPS of $1.36 on revenue of $1.75B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
Crown Castle had missed expectations on Wednesday with third quarter EPS of $0.97 on revenue of $1.57B, compared to forecast for EPS of $0.9763 on revenue of $1.73B.
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