PotlatchDeltic (PCH) Q4 Earnings Miss Estimates, Shares Down

PotlatchDeltic Corporation’s (PCH) shares declined 5% in the after-hour trading session on Jan 29, after the company reported mixed results for fourth-quarter 2023. Its earnings missed the Zacks Consensus Estimate while revenues topped the same.On a year-over-year basis, earnings declined but the revenues increased.The company’s quarterly results reflect solid contributions from the Real Estate business attributable to capitalizing higher value opportunities from the stratification of CatchMark timberlands. ...