Plum Creek Timber released Q4 and 2012 results that showed marked improvements in both revenue and profitability. The quarter's revenue was $354 million, and the company netted $79 million ($0.49 per diluted share). The latter represented a sharp upside surprise, as the company indicated last autumn that EPS would come in at $0.25-$0.30. The bottom line was nearly 30% higher on a year-over-year basis.

For fiscal 2012, the company's net profit was $203 million ($1.25 diluted EPS) on revenue of $1.34 billion. Both were higher than the previous year's figures of $193 million and $1.19 billion, respectively.

Plum Creek also provided guidance for 2013. It anticipates "continued demand growth" in several crucial product categories, leading to a net income of $1.25-$1.50 per share for the year. It anticipates Q1 EPS of $0.28-$0.33.

The article Plum Creek Improves Q4 and Full-Year Results originally appeared on Fool.com.

Fool contributor Eric Volkman and The Motley Fool have no position in Plum Creek. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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