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Catchmark Timber Trust Inc.  (CTT)
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The company has Slipped into red at the Catchmark Timber Trust Inc. over the second quarter of 2022

CTT delivered second quarter of 2022 operating surplus of $7.127 millions

Published 2022-08-06T09:50:39-04:00
Goran Soko / CSIMarket.com Contributer

Declining business caused an increase in shortfall for the April to June 30 2022, Catchmark Timber Trust Inc.s' shortfall per share grew to $-0.09 from $0.04 where Revenue went down by -23.109 % to $24.56 millions from $31.94 millions a year ago.

In contrast to the Q1 Revenue deteriorated by -8.845 % from $26.94 millions and Income per Share fell from $0.07 per share.


For the second quarter of 2022 Catchmark Timber Trust Inc. logged net shortfall of $-4.559 million, instead of bottom line of $1.753 millions booked in the corresponding quarter a year before.
Operating earnings, fell -54.8% to $7.127 millions, squeezing Catchmark Timber Trust Inc.'s operating margin to %.

Catchmark Timber Trust Inc. is expected to report next financial results on November 03, 2022.


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Other CTT's Earnings Reports

Catchmark Timber Trust reported second quarter 2022 earnings

Catchmark Timber Trust reported first quarter 2022 earnings

Catchmark Timber Trust reported third quarter 2021 earnings

       
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