Benzinga | Aug 5, 2021 04:43PM EDT

CatchMark Timber Trust Q2 EPS $0.04 Beats $(0.02) Estimate, Sales $31.94M Beat $29.15M Estimate

CatchMark Timber Trust (NYSE:CTT) reported quarterly earnings of $0.04 per share which beat the analyst consensus estimate of $(0.02) by 300 percent. This is a 130.77 percent increase over losses of $(0.13) per share from the same period last year. The company reported quarterly sales of $31.94 million which beat the analyst consensus estimate of $29.15 million by 9.57 percent. This is a 46.80 percent increase over sales of $21.76 million the same period last year.