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

Rayonier

31/10/2023 02:04

* Rayonier Inc  RYN.N   RYN  is expected to show a rise in
quarterly revenue when it reports  results on November 1. 
    * The Jacksonville Florida-based  company is expected to
report  a
6.7% increase in revenue to $208.3 million from $195.3 million a
year ago, according to the mean estimate from 4 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," 6
"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
$32.5​, above​ its last closing price of $25.37. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.09        0.09       0.05      Missed  -44.4
 Mar. 31 2023  0.11        0.11       0.01      Missed  -90.9
 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.        0.16        0.16       0.16      Met     1.3
 30 2022                                                
 Mar. 31 2022  0.16        0.16       0.20      Beat    23​
 Dec. 31 2021  0.00        0.00       0.01      Beat    400.3
 Sep. 30 2021  0.14        0.14       0.53      Beat    289.7
 This summary was machine generated October 31 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated