NASDAQ$PCH
PotlatchDeltic Corp · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
PotlatchDeltic reported third quarter results with net income of $65.7 million.
PotlatchDeltic Corporation reported net income of $65.7 million, or $0.97 per diluted share, on revenues of $287.3 million for the quarter ended September 30, 2021. Excluding a net gain on insurance recoveries, Adjusted Net Income was $62.4 million, or $0.92 per diluted share for the third quarter of 2021.
- Generated Total Adjusted EBITDDA of $107.2 million and Total Adjusted EBITDDA margin of 37%
- Lumber prices bottomed at a high level and have increased eight weeks in a row
- Expanded strong liquidity position to $972 million as of Q3 2021
- Company expects to pay a special dividend in December and estimates the amount will be $3 to $5 per share
Headline financials
Revenue & EPS history
PotlatchDeltic · Revenue · Quarterly
$287M
Revenue by segment
PotlatchDeltic · $331M total across 3 segments · Q3 2021
- Wood Products$188M-14.0%56.8%
- Timberlands$130M+10.7%39.2%
- Real Estate$13.5M-25.6%4.1%
Forward guidance
Looking ahead, lumber prices have continued to increase in the fourth quarter and the outlook on housing fundamentals that drive our business remains positive. Additionally, we continue to expect to pay a special dividend in December and estimate the amount will be $3 to $5 per share.
Tailwinds
- Lumber prices have continued to increase in the fourth quarter
- Outlook on housing fundamentals that drive our business remains positive
- Company expects to pay a special dividend in December
- The amount of special dividend will be $3 to $5 per share
- EBITDDA of $107 million was still an excellent quarter for the company
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 16 quarterly earnings reports
-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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