Brief: Rayonier Reports First Quarter 2023 Results

Rayonier

03/05/2023 22:21

May 3 (Reuters) - Rayonier Inc  RYN.N :
    * RAYONIER REPORTS FIRST QUARTER 2023 RESULTS
    * NOW ANTICIPATE FULL-YEAR ADJUSTED EBITDA AND PRO FORMA EPS
TOWARD LOWER END OF PRIOR GUIDANCE RANGE
    * IN OUR REAL ESTATE SEGMENT, EXPECT SIGNIFICANTLY HIGHER
TRANSACTION VOLUME AND OPERATING RESULTS IN SECOND HALF OF YEAR
    * FIRST QUARTER NET INCOME ATTRIBUTABLE TO RAYONIER OF $0.06
PER
SHARE ON REVENUES OF $179.1 MILLION
    * Q1 EARNINGS PER SHARE VIEW $0.11, REVENUE VIEW $216.3
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nBw1SfKX5a 
Further company coverage:  RYN.N 

 ((Reuters.Briefs@thomsonreuters.com;))