Brief: Rayonier Reports Second Quarter 2022 Results

Rayonier

03/08/2022 21:14

Aug 3 (Reuters) - Rayonier Inc  RYN.N :
    * RAYONIER REPORTS SECOND QUARTER 2022 RESULTS
    * Q2 EARNINGS PER SHARE $0.16
    * Q2 REVENUE $246.3 MILLION
    * SEES FY EARNINGS PER SHARE $0.57 TO $0.63
    * Q2 EARNINGS PER SHARE VIEW $0.16, REVENUE VIEW $215.5
MILLION --
REFINITIV IBES DATA
    * NOW ANTICIPATE FULL-YEAR NET INCOME ATTRIBUTABLE TO
RAYONIER OF
$84 TO $92 MILLION
    * FY2022 EARNINGS PER SHARE VIEW $0.67 -- REFINITIV IBES
DATA
    * NOW ANTICIPATE FULL-YEAR  EPS OF $0.57 TO $0.63
    * SEES FY ADJUSTED EBITDA OF $310 TO $330 MILLION
    * IN REAL ESTATE SEGMENT, WE NOW EXPECT FULL-YEAR ADJUSTED
EBITDA
OF $74 TO $79 MILLION
    * IN NEW ZEALAND TIMBER SEGMENT, NOW EXPECT FULL-YEAR
HARVEST
VOLUMES OF 2.6 TO 2.7 MILLION TONS

Source text for Eikon:  ID:nBwY4HSTa 
Further company coverage:  RYN.N 

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