Benzinga | Aug 3, 2020 04:37PM EDT

CatchMark Timber Trust Q2 EPS $(0.13) Misses $(0.06) Estimate, Sales $21.80M Beat $21.30M Estimate

CatchMark Timber Trust (NYSE:CTT) reported quarterly losses of $(0.13) per share which missed the analyst consensus estimate of $(0.06) by 116.67 percent. This is a 79.69 percent increase over losses of $(0.64) per share from the same period last year. The company reported quarterly sales of $21.80 million which beat the analyst consensus estimate of $21.30 million by 2.35 percent. This is a 23.94 percent decrease over sales of $28.66 million the same period last year.