NASDAQ$PCH
PotlatchDeltic Corp · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Reported net income on revenues for the quarter ended June 30, 2024.
PotlatchDeltic Corporation reported net income of $13.7 million, or $0.17 per diluted share, on revenues of $320.7 million for the quarter ended June 30, 2024. All business segments delivered solid operational execution in the second quarter.
- Generated Total Adjusted EBITDDA of $103.2 million and Total Adjusted EBITDDA margin of 32%
- Completed the sale of 34,100 acres of four-year average age Southern timberlands for $57 million, or $1,700 per acre
- Repurchased 610,000 shares for $25 million, or $41 per share
- Finalizing construction of the $131 million Waldo, Arkansas sawmill expansion and modernization project
Headline financials
Revenue & EPS history
PotlatchDeltic · Revenue · Quarterly
$321M
Revenue by segment
PotlatchDeltic · $275M total across 3 segments · Q4 2023
- Wood Products$150M-4.3%54.5%
- Timberlands$97.4M—35.4%
- Real Estate$27.9M+138.9%10.1%
Forward guidance
Looking ahead, PotlatchDeltic continues to believe long-term underlying housing fundamentals remain favorable and are optimistic that lumber markets will gain renewed momentum as inflation and interest rates improve.
Tailwinds
- Long-term underlying housing fundamentals remain favorable
- Optimistic that lumber markets will gain renewed momentum
- Inflation expected to improve
- Interest rates expected to improve
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 16 quarterly earnings reports · overlaid with Q2 2024
-0.2%
Avg return
Earnings day
-0.5%
Avg return
5 days after
-0.2%
Avg return
30 days after
51%
34 / 67 earnings
Positive
+7.6%
Q3 2015
Best reaction
-10.3%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2025 | +0.1% | +6.3% | -0.2% | |
| Q2 2025 | +2.7% | +1.7% | +2.7% | |
| Q1 2025 | -0.8% | -0.2% | +1.6% | |
| Q4 2024 | -0.8% | +4.5% | +7.9% | |
| Q3 2024 | -4.0% | -1.7% | +5.4% | |
| Q2 2024 | +4.9% | -0.1% | -0.5% | |
| Q1 2024 | -0.7% | -3.8% | -14.9% | |
| Q4 2023 | +1.0% | -1.1% | -7.0% | |
| Q3 2023 | +3.0% | -0.2% | +2.6% | |
| Q2 2023 | -0.6% | -0.2% | -7.7% | |
| Q1 2023 | +1.2% | +1.0% | -3.8% | |
| Q4 2022 | -2.7% | -5.5% | +0.9% | |
| Q3 2022 | -0.0% | -1.8% | +8.4% | |
| Q2 2022 | +2.9% | -0.0% | -3.2% | |
| Q1 2022 | -0.3% | -2.9% | +3.3% | |
| Q4 2021 | -3.0% | -3.7% | +1.0% | |
| Q3 2021 | -2.7% | — | — | |
| Q2 2021 | +1.0% | — | — | |
| Q1 2021 | +3.3% | — | — | |
| Q4 2020 | +2.5% | — | — | |
| Q3 2020 | -9.4% | — | — | |
| Q2 2020 | +2.0% | — | — | |
| Q1 2020 | -10.3% | — | — | |
| Q4 2019 | +0.0% | — | — | |
| Q3 2019 | -2.8% | — | — | |
| Q2 2019 | -7.3% | — | — | |
| Q1 2019 | +0.1% | — | — | |
| Q4 2018 | -1.5% | — | — | |
| Q3 2018 | +3.0% | — | — | |
| Q2 2018 | -0.9% | — | — | |
| Q1 2018 | -0.1% | — | — | |
| Q4 2017 | -3.8% | — | — | |
| Q3 2017 | -3.5% | — | — | |
| Q2 2017 | +1.8% | — | — | |
| Q1 2017 | +1.0% | — | — | |
| Q4 2016 | +2.4% | — | — | |
| Q3 2016 | +0.6% | — | — | |
| Q2 2016 | +0.1% | — | — | |
| Q1 2016 | +0.4% | — | — | |
| Q4 2015 | +2.4% | — | — | |
| Q3 2015 | +7.6% | — | — | |
| Q2 2015 | +0.4% | — | — | |
| Q1 2015 | -0.8% | — | — | |
| Q4 2014 | -0.8% | — | — | |
| Q3 2014 | -1.7% | — | — | |
| Q2 2014 | +1.4% | — | — | |
| Q1 2014 | +3.2% | — | — | |
| Q4 2013 | +0.3% | — | — | |
| Q3 2013 | -1.0% | — | — | |
| Q2 2013 | +1.5% | — | — | |
| Q1 2013 | -0.8% | — | — | |
| Q4 2012 | +0.4% | — | — | |
| Q3 2012 | -0.1% | — | — | |
| Q2 2012 | +0.7% | — | — | |
| Q1 2012 | +0.4% | — | — | |
| Q4 2011 | -0.5% | — | — | |
| Q3 2011 | -5.0% | — | — | |
| Q2 2011 | -1.6% | — | — | |
| Q1 2010 | -1.9% | — | — | |
| Q1 2011 | +2.1% | — | — | |
| Q4 2008 | -1.1% | — | — | |
| Q4 2010 | -1.1% | — | — | |
| Q3 2010 | -0.1% | — | — | |
| Q3 2009 | -0.1% | — | — | |
| Q2 2010 | +1.7% | — | — | |
| Q2 2009 | +1.7% | — | — | |
| Q4 2009 | +1.7% | — | — |
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