Inactive Instrument

CatchMark Timber Trust A

CTT

US14912Y2028

CatchMark: Q1 Earnings Snapshot

May 05, 2022 at 06:03 pm EDT

ATLANTA (AP) _ CatchMark Timber Trust Inc. (CTT) on Thursday reported first-quarter net income of $3.2 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Atlanta-based company said it had net income of 7 cents.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.

The timberlands real estate investment trust posted revenue of $26.9 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $21.8 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTT at https://www.zacks.com/ap/CTT

Latest news about CatchMark Timber Trust A

CatchMark Timber Trust, Inc.(NYSE:CTT) dropped from S&P TMI Index	22-09-15	CI
CatchMark Timber Trust, Inc.(NYSE:CTT) dropped from S&P Global BMI Index	22-09-15	CI
PotlatchDeltic Completes Merger of CatchMark	22-09-14	MT
PotlatchDeltic Corporation completed the acquisition of CatchMark Timber Trust, Inc. from a group of shareholders.	22-09-13	CI
CatchMark Timber Trust Secures Stockholder Approval for PotlatchDeltic Merger	22-09-13	MT
Tranche Update on CatchMark Timber Trust, Inc.'s Equity Buyback Plan announced on August 7, 2015.	22-08-04	CI
CatchMark Timber Trust, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-04	CI
RBC Boosts Price Target on CatchMark Timber Trust to $11 From $8, Maintains Sector Perform Rating	22-07-18	MT
CatchMark Timber Trust, Inc. completed the acquisition of 1,300 acres of prime timberlands located in southeast Alabama for $2.2 million.	22-06-23	CI
Baird Downgrades CatchMark Timber Trust to Neutral From Outperform, Adjusts Price Target to $12 From $10	22-06-02	MT
Moody's Says Potlatch's All Stock Merger With CatchMark Is Credit Positive	22-06-01	MT
B. Riley Raises CatchMark Timber Trust's Price Target to $12.25 from $9 on Announced Stock-for-Stock Merger with PotlatchDeltic, Keeps Neutral Rating	22-06-01	MT
Stifel Downgrades CatchMark Timber Trust to Hold From Buy, Adjusts Price Target to $12 From $10	22-06-01	MT
Raymond James Upgrades CatchMark Timber Trust to Market Perform From Underperform	22-06-01	MT
PotlatchDeltic to Boost US South Timberland Holdings in All-Stock Acquisition of CatchMark	22-05-31	MT
Wall Street Set to Open Lower Ahead of Biden Meeting With Fed Chief	22-05-31	MT
US Futures Move Lower	22-05-31	MT
Top Premarket Gainers	22-05-31	MT
PotlatchDeltic Agrees to Merge With CatchMark Timber Trust	22-05-31	MT
PotlatchDeltic Corporation entered into a definitive agreement to acquire CatchMark Timber Trust, Inc. for approximately $630 million.	22-05-30	CI
Transcript : CatchMark Timber Trust, Inc., Q1 2022 Earnings Call, May 06, 2022	22-05-06
Earnings Flash (CTT) CATCHMARK TIMBER TRUST Posts Q1 Revenue $469,000	22-05-05	MT
Tranche Update on CatchMark Timber Trust, Inc.'s Equity Buyback Plan announced on August 7, 2015.	22-05-05	CI
CatchMark Timber Trust, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-05	CI
CatchMark Timber Trust, Inc. Declares Dividend, Payable on June 15, 2022	22-05-05	CI

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CatchMark Timber Trust, Inc. (CatchMark Timber Trust) owns and operates timberlands located in the United States. CatchMark Timber Trust acquires, owns, operates, manages, and disposes of timberland properties directly, through wholly owned subsidiaries, or through joint ventures. CatchMark Timber Trust conducts substantially all of its business through CatchMark Timber Operating Partnership, L.P. (CatchMark Timber OP). Its segments include Harvest, Real Estate and Investment Management. The Harvest segment includes wholly owned timber assets and associated timber sales. The Real Estate segment includes timberland sales, cost of timberland sales and large dispositions. The Investment Management segment includes investments in and income from joint ventures. CatchMark Timber Trust owns interests in approximately 369,700 acres of industrial timberlands located in the United States South, consisting of approximately 14.6 million tons of merchantable timber inventory.

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CatchMark Timber Trust A

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CTT

US14912Y2028

CatchMark: Q1 Earnings Snapshot

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