Overview

* PotlatchDeltic ( PCH ) Q3 revenue grows and beats analyst expectations

* Adjusted EPS for Q3 beats consensus, reflecting strong operational performance

* Company enters merger agreement with Rayonier Inc., aiming to create leading land resources owner

Outlook

* Company expects merger with Rayonier to close in late Q1 or early Q2 2026

* PotlatchDeltic ( PCH ) aims to deliver long-term shareholder value post-merger

Result Drivers

* REAL ESTATE SALES - Significant rural land sales in Georgia boosted Real Estate segment performance

* LUMBER PRICE DECLINE - Wood Products segment faced a 12% decrease in average lumber price, impacting earnings

* TIMBERLANDS VOLUME - Increased northern harvest volume due to normal seasonality supported Timberlands segment

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $314.20 $302.92

Revenue mln mln (7

Analysts

)

Q3 Beat $0.36 $0.25 (8

Adjusted Analysts

EPS )

Q3 EPS $0.33

Q3 Beat $27.80 $22.54

Adjusted mln mln (7

Net Analysts

Income )

Q3 Net $25.90

Income mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the specialized reits peer group is "buy"

* Wall Street's median 12-month price target for Potlatchdeltic Corp ( PCH ) is $50.50, about 20.8% above its October 31 closing price of $40.00

* The stock recently traded at 40 times the next 12-month earnings vs. a P/E of 41 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)