Earnings Preview: PotlatchDeltic

PotlatchDeltic (NASDAQ:PCH) is preparing to release its quarterly earnings on Monday, 2024-10-28. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect PotlatchDeltic to report an earnings per share (EPS) of $-0.06.

Anticipation surrounds PotlatchDeltic's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings Track Record

Last quarter the company beat EPS by $0.02, which was followed by a 4.2% increase in the share price the next day.

Here's a look at PotlatchDeltic's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.15

0.01

0.03

0.20

EPS Actual

0.17

0

0

0.14

Price Change %

4.0%

-2.0%

-1.0%

0.0%

Market Performance of PotlatchDeltic's Stock

Shares of PotlatchDeltic were trading at $42.5 as of October 24. Over the last 52-week period, shares are down 0.22%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

Analysts' Take on PotlatchDeltic

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on PotlatchDeltic.

Analysts have provided PotlatchDeltic with 3 ratings, resulting in a consensus rating of Buy. The average one-year price target stands at $48.67, suggesting a potential 14.52% upside.

Peer Ratings Comparison

In this comparison, ...