Rayonier Inc expected to post earnings of 15 cents a share - Earnings Preview

Rayonier

29/01/2024 21:30

* Rayonier Inc  RYN.N   RYN  is expected to show a fall in
quarterly revenue when it reports  results on January 31 for the
period ending December 31 2023
    * The Jacksonville Florida-based  company is expected to
report a
6.4% decrease in revenue to $229.75 million from $245.4 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data. (SAL represents Total Revenue)
    * ​LSEG's mean analyst estimate for Rayonier Inc is for
earnings
of 15 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"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
$34.00​, above​ its last closing price of $30.89. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.11        0.11       0.13      Beat    13.4
 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.        0.10        0.11       0.15      Beat    40.7
 30 2022                                                
 Jun. 30 2022  0.16        0.16       0.16      Met     1.3​
 Mar. 31 2022  0.16        0.16       0.20      Beat    23
 Dec. 31 2021  0.00        0.00       0.01      Beat    400.3
 This summary was machine generated January 29 at 21:30 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)