Plum Creek Timber Company (PCL) Set to Announce Earnings on Tuesday
Plum Creek Timber Company (NYSE:PCL) is scheduled to post its quarterly earnings results on Tuesday, October 1st. Plum Creek Timber Company has set its Q3 guidance at $0.38-0.43 EPS and its FY13 guidance at $1.30-1.45 EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.
Plum Creek Timber Company (NYSE:PCL) last issued its quarterly earnings data on Monday, July 29th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.05. The company had revenue of $303.00 million for the quarter, compared to the consensus estimate of $303.42 million. The company’s revenue for the quarter was up 3.1% on a year-over-year basis. On average, analysts expect Plum Creek Timber Company to post $1.36 EPS for the current fiscal year and $1.65 EPS for the next fiscal year.
Plum Creek Timber Company (NYSE:PCL) opened at 47.07 on Monday. Plum Creek Timber Company has a 52 week low of $40.60 and a 52 week high of $54.62. The stock has a 50-day moving average of $45.71 and a 200-day moving average of $48.73. The company has a market cap of $7.672 billion and a price-to-earnings ratio of 32.20.
PCL has been the subject of a number of recent research reports. Analysts at BMO Capital Markets upgraded shares of Plum Creek Timber Company (NYSE:PCL) from a “market perform” rating to an “outperform” rating in a research note to investors on Monday, September 9th. They now have a $55.00 price target on the stock. On a related note, analysts at Zacks reiterated a “neutral” rating on shares of Plum Creek Timber Company (NYSE:PCL) in a research note to investors on Thursday, August 22nd. They now have a $47.00 price target on the stock. Finally, analysts at UBS AG raised their price target on shares of Plum Creek Timber Company (NYSE:PCL) to $37.00 in a research note to investors on Tuesday, July 30th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Plum Creek Timber Company has a consensus rating of “Buy” and a consensus price target of $49.56.
Plum Creek Timber Company, Inc (NYSE:PCL) is a private timberland owner in the United States.
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