PotlatchDeltic reported a decline in both revenue and net income in Q2 2025 compared to the previous year, impacted by weak lumber markets, while maintaining stability in its Timberlands and Real Estate businesses.
PotlatchDeltic Corporation delivered solid operational results in Q1 2025 across all segments, with increased net income and revenues compared to the previous year. The completion of the Waldo, Arkansas sawmill modernization project ahead of schedule is expected to enhance competitiveness.
PotlatchDeltic Corporation reported net income of $5.2 million, or $0.07 per diluted share, on revenues of $258.1 million for the quarter ended December 31, 2024. This compares to a net loss of $0.1 million on revenues of $254.5 million for the same quarter in 2023. The company's performance was driven by strong results in the Wood Products segment, offset by declines in Timberlands and Real Estate.
PotlatchDeltic Corporation reported net income of $3.3 million, or $0.04 per diluted share, on revenues of $255.1 million for the quarter ended September 30, 2024. The company's businesses delivered solid operational performance while navigating a challenging lumber market and broader economic environment. The Waldo, Arkansas sawmill expansion and modernization project was completed.
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.
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.
PotlatchDeltic Corporation reported net income of $187.9 million, or $2.77 per diluted share, on revenues of $447.5 million for the quarter ended June 30, 2021. Lumber prices continued their historic run in the second quarter, driving another quarter of record financial performance.
PotlatchDeltic Corporation reported net income of $81.0 million, or $1.20 per diluted share, on revenues of $313.0 million for the quarter ended September 30, 2020. The company's Timberlands and Wood Products businesses achieved record financial performance due to outstanding operational execution and historic lumber prices.
PotlatchDeltic Corporation reported net income of $2.6 million, or $0.04 per diluted share, on revenues of $181.6 million for the quarter ended June 30, 2020. The company maintained strong liquidity of $460 million and announced an agreement to sell approximately 72,000 acres in Minnesota for approximately $48 million.