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CatchMark: 2Q Earnings Snapshot

ATLANTA (AP) _ CatchMark Timber Trust Inc. (CTT) on Thursday reported a loss of $1.5 million in its second quarter.

The Atlanta-based company said it had a loss of 3 cents per share.

The timberlands real estate investment trust posted revenue of $26.2 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $22.8 million.

CatchMark shares have fallen roughly 6 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $12.36, an increase of roughly 7 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTT at https://www.zacks.com/ap/CTT