FX.co ★ PotlatchDeltic Corp. Q1 Earnings Summary

PotlatchDeltic Corp. recently disclosed the company's earnings highlight for the first quarter (Q1). The company reported a net loss of $0.3 million as opposed to the net profit of $16.3 million made in Q1 of the previous year. The loss per share stood at $0.00 in contrast to the earnings per share (EPS) of $0.20 in the same quarter of the last year. When certain items were excluded, PotlatchDeltic Corp. reported its adjusted earnings as -$0.3 million or -$0.00 per share for the period under review. Despite analysts projecting earnings per share of $0.01, the company's revenue dwindled at $228.1 million in Q1 from $258.0 million in the corresponding period of last year.