Plum Creek Timber (PCL) Is Heading Higher After Q4 Report - InvestingChannel

Plum Creek Timber (PCL) Is Heading Higher After Q4 Report

Plum Creek Timber (PCL: Quote) reported fourth quarter net income of $0.49 per share after the bell Monday, up from $0.38 per share a year ago. The consensus estimate was for EPS of $0.29. The company expects to report first quarter EPS of $0.28 to $0.33 and between $1.25 and $1.50 for the full year 2013. The consensus estimates are for EPS of $0.30 and $1.40. The stock is now up 1.48 on 13K shares.

Plum Creek Timber traded in a range throughout Monday’s session and finished unchanged at $47.31. The stock pulled back from the highs of the year on Friday, following a 2 1/2 month upward trend.

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by RTT Staff Writer

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