secwatch.observer — SEC 8-K summary
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Issuer:     POTLATCHDELTIC CORP (—)
CIK:        0001338749
Form:       8-K
Filed at:   2024-04-29T23:59:59+00:00
Accession:  0000950170-24-049864
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PotlatchDeltic Q1 net loss $0.3M on revenue $228.1M, down 11.6% YoY
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- Net loss $0.3M vs net income $16.3M in Q1 2023; revenue fell 11.6% to $228.1M.
- Total Adjusted EBITDDA $29.7M (13% margin), down from $57.7M in prior year.
- Acquired 16,000 acres of mature Southern timberlands for $31M; agreed to sell 34,000 acres for $58M.
- Wood Products segment EBITDDA improved to -$0.1M from -$6.5M sequentially; Real Estate segment EBITDDA fell to $6.2M from $21.9M.
- Dividend maintained at $0.45/share; liquidity $479M; Waldo sawmill modernization on track.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1338749/000095017024049864/0000950170-24-049864-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1338749/000095017024049864/pch-20240429.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-049864

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