On a per-share basis, the Spokane, Washington-based company said it had profit of $1.72. Earnings, adjusted for non-recurring gains, came to $1.61 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.53 per share.
The timberland owner and wood products company posted revenue of $359.6 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $325.5 million.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PCH at https://www.zacks.com/ap/PCH
