Rayonier Inc expected to post earnings of 11  cents a share - Earnings Preview

Rayonier

02/05/2023 03:05

* Rayonier Inc  RYN.N   RYN  is expected to show a fall in
quarterly revenue when it reports  results on May 3. 
    * The Jacksonville Florida-based  company is expected to
report  a
2.6% decrease in revenue to $216.3 million from $222 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Rayonier Inc is for
earnings of 11 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Rayonier
Inc is
$36​, above​ its last closing price of $31.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.11        0.12       0.11      Missed  -5.2
 Sep. 30 2022  0.10        0.11       0.15      Beat    40.7
 Jun. 30 2022  0.16        0.16       0.16      Met     1.3​
 Mar. 31 2022  0.16        0.16       0.20      Beat    23
 ​​Dec.        0.00        0.00       0.01      Beat    400.3
 31 2021                                                
 Sep. 30 2021  0.14        0.14       0.53      Beat    289.7​
 Jun. 30 2021  0.10        0.10       0.41      Beat    330.1
 Mar. 31 2021  0.09        0.09       0.08      Missed  -9.4
 This summary was machine generated May 2 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated