Plum Creek Timber Q3 Profit Decreases - Quick Facts

(RTTNews) - Plum Creek Timber Company, Inc. (PCL) reported third-quarter earnings of $61 million, or $0.34 per share, compared to $72 million, or $0.44 per share, last year.

On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $0.30 for the quarter. Analysts' estimates typically exclude special items.

Total revenues increased to $375 million from $366 million, last year. Analysts expected revenue of $378.90 million for the quarter.

The company expects fourth-quarter earnings between $0.29 and $0.39 per share, resulting in full-year 2014 net income between $1.10 and $1.20 per share excluding any impacts from the second quarter MDF fire. Analysts expect the company to report fourth-quarter earnings per share of $0.37 and full year profit per share of $1.15.