PotlatchDeltic Corp
(NAS:PCH)
$
41.31
-1.09 (-2.57%)
Market Cap: 3.25 Bil
Enterprise Value: 4.13 Bil
PE Ratio: 202.50
PB Ratio: 1.59
GF Score: 77/100 
PotlatchDeltic Corp at Bank of America Merrill Lynch Global Agriculture & Materials Conference Transcript
Feb 26, 2020 / 03:45PM GMT
Release Date Price:
$38.59
(-1.03%)
John Plimpton Babcock
BofA Merrill Lynch, Research Division - Associate
All right. Good morning. So today, we have PotlatchDeltic, Mike Covey, Chairman and CEO; as well as Jerry Richards, the CFO. And we'll just basically go straight into Q&A here.
Questions & Answers
John Plimpton Babcock
BofA Merrill Lynch, Research Division - Associate
So I guess, starting out, if you could really just talk about 2019, and ultimately, what went better than expected? And also, what were some of the surprises coming out of the year?
Michael J. Covey
PotlatchDeltic Corporation - Chairman & CEO
For 2019?
John Plimpton Babcock
BofA Merrill Lynch, Research Division - Associate
Yes.
Michael J. Covey
PotlatchDeltic Corporation - Chairman & CEO
Well, the biggest surprise, by far, was really the collapse in lumber pricing from 2018 to 2019. Depending on how you measure it, lumber prices dropped from a peak of around $500 a
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