Benzinga | Oct 29, 2020 05:00PM EDT

CatchMark Timber Trust Q3 EPS $(0.09) Misses $(0.08) Estimate, Sales $24.60M Beat $23.61M Estimate

CatchMark Timber Trust (NYSE:CTT) reported quarterly losses of $(0.09) per share which missed the analyst consensus estimate of $(0.08) by 12.5 percent. This is a 78.57 percent increase over losses of $(0.42) per share from the same period last year. The company reported quarterly sales of $24.60 million which beat the analyst consensus estimate of $23.61 million by 4.19 percent. This is a 6.75 percent decrease over sales of $26.38 million the same period last year.