CatchMark Timber Trust CTT reported its Q3 earnings results on Thursday, November 4, 2021 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
CatchMark Timber Trust their estimated earnings by 37.14%, reporting an EPS of $0.48 versus an estimate of $0.35, which surprised analysts.
Revenue was up $2,540,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06, which was followed by a 0.95% increase in the share price the next day.
Here's a look at CatchMark Timber Trust's past performance:
Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
---|---|---|---|---|
EPS Estimate | -0.02 | -0.04 | -0.04 | -0.08 |
EPS Actual | 0.04 | -0.01 | -0.06 | -0.09 |
Revenue Estimate | 29.15M | 23.40M | 26.75M | 23.61M |
Revenue Actual | 31.94M | 27.69M | 30.95M | 24.61M |
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